Blogs
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Income Tax Audit: Applicability, Limits, Forms 3CA, 3CB & 3CD and Due Date
Income Tax Audit: Applicability, Limits, Forms 3CA, 3CB & 3CD and Due Date An income tax audit is an important compliance requirement for certain businesses, professionals and other eligible taxpayers under the applicable income-tax provisions. Understanding whether a tax audit applies to you, which forms are required, and when the report must be filed can…
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F&O Loss in Income Tax Return: How to Report It, Set It Off and Carry It Forward
Applicable for AY 2026-27 | FY 2025-26 “I am a salaried employee. I lost ₹1 lakh in F&O this year. Do I still need to show it in my income tax return?” This is one of those questions that sounds simple until you actually start looking at the return. For a salaried person the usual…