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Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11 ITAT Holds That Audit Report Filing Is Procedural When the Report Is Furnished Before Processing of the Ret...
SDTT came under scrutiny following a boardroom confrontation at Tata Sons on September 17. Earlier this year, SRTT was frozen by the Charity Commissioner over alleged violations of...
CIT(E) Must Specify the Exact “Specified Violation” Before Cancelling Trust Registration: ITAT Mumbai Vague allegations cannot justify cancellation of charitable trust registra...
Shauna Kavanagh Foundation, run by Wicklow-based businessman Brendan Kavanagh, failed to file accounts over six years
Representation for extension of the specified date for furnishing Tax Audit Reports u/s 44AB and other audit reports for AY 2026-27 from 30 September 2026 to 31 October 2026, and o...
Anonymous Donations Cannot Be Treated as Unexplained Cash Credits Merely Because Donor Identity Is Unknown: ITAT Vishakhapatnam ITAT holds that where a Section 12A trust treats a...
“The issue is not merely of convenience but of audit quality” – Representation for Early Extension of the Tax Audit Report filing Due Date Extension by THE TAX TALK BY EMAIL / SP...
A Canterbury Returned Services Assocation used poppy trust funds to fund its building work.
The deadline for the tax audit report has been extended by the Finance Ministry. The government has released the official notification. 30th September 2026 was the deadline to subm...
The taxpayer, Muthaiah Ganapathy, submitted an appeal before the Tribunal against the order dated 6 May 2026 passed by the CIT(A), which had dismissed his appeal because of the fai...
Venu Srinivasan, chairman emeritus of TVS Motor Co, and Vijay Singh, a former defence secretary, filed their complaints on September 25.
Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27 A welcome extension, but not for everyone The last few days of September are usually the most he...
.Demands release of audited accounts .Says funds owed to estate of late founder Sunday Ehigiator Financial Trust Group has accused the Nigeria Deposit Insurance Corporation (NDIC)...
An audit of a nonprofit with close ties to Prince George’s County Councilmember Ed Burroughs was supposed to be presented at a meeting Tuesday, but an official said it wasn’t ready...
Section 54F Exemption Cannot Be Denied Merely Because Construction or Registration Is Delayed Mumbai ITAT Says Genuine Allotment and Investment Cannot Be Ignored Merely Because the...
Tax practitioners have been demanding an extension of the corporate statutory audit report and ITR filing deadline from September 30 citing compressed audit window following the Au...
Request for Extension of Due Dates for Filing Annual E- Forms under the Companies Act, 2013 till 31.12.2026 without Levy of Additional Fees. The post Request for Extension of D...
A quorum dispute involving a key shareholder has delayed crucial corporate decisions, prompting Tata Sons to seek additional time for compliance
A media report said Venu Srinivasan has asked the Maharashtra Charity Commissioner to inquire into the governance of two Tata Trusts and their role in Tata Sons, amid an ongoing tu...
On 14 October 2026, the Australian Securities and Investments Commission (ASIC) issued the results of its second review into the financial reporting and audit of superannuation fun...
The Court of Appeals of Virginia reversed dismissal of a breach of trustee duty claim, ruling trustee reports failed to meet Va. Code § 64.2-775 requirements. The post COA reinstat...
The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT) stated that TDS credit cannot be refused to a trust only because of the appearance of the deduction in the trustee’s P...
Special Report: Charitable Giving
A proposed NYSE rule change would let newly listed companies wait five years before establishing an internal audit function.
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