financial services · Income Tax

CBDT extends ITR filing deadline for Audit Cases by a month to 31 October 2019

The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return filing deadline for audit cases from 30th September 2019 to 31st October 2019. As per the Income Tax Act Rule, the ITR should be file by those entities who are assessed under section 44AB of the income tax such as companies, partnership… Continue reading CBDT extends ITR filing deadline for Audit Cases by a month to 31 October 2019

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The Significance of Following an Audit System for A Company

Auditing is a method for assessing the internal operations of a company and its effectiveness. The main objective of the audit is to preserve the shareholders of a company from facing any risks. Auditing creates transparency of a company‚Äôs health and its performance while increasing the confidence of investors. An ever-changing business world and the… Continue reading The Significance of Following an Audit System for A Company