Practical Indian tax, financial reporting, labour, state law and business compliance guides for CAs, accountants and businesses.
Clause 23 needs a reliable list of specified persons and the payments made to them. Learn how to build the working and avoid confusing reporting with automatic disallowance.
By Team assureOfficeA cash-payment review should test payment modes, daily aggregation and exceptions. Learn how to identify relevant transactions without treating every cash entry as a tax disallowance.
By Team assureOfficeBook depreciation and tax depreciation need connected but separate workings. Learn how to organise asset-block data for the tax-audit review without importing book net values into tax WDV.
By Team assureOfficeICDS is a tax-computation framework, not a replacement for the accounting standards used in books. Build a clear adjustment register before completing Clause 13.
By Team assureOfficeA practical guide to Section 43B(h), MSME payment timelines and the revised Form 3CD Clause 22 reporting for tax audit. Covers current MSME limits, 15/45-day rules, trader cases and year-end review.
By Team assureOfficeClause 22 and Section 43B(h) require careful MSME vendor identification, payment-period testing and year-end review. This guide explains the practical workflow.
By Team assureOfficeUse this practical Form 3CD checklist to organise tax audit work for AY 2026-27, from depreciation and MSME reporting to TDS, GST and cash-transaction checks.
By Team assureOfficeForm 3CA applies where accounts are audited under another law, while Form 3CB applies in other tax audit cases. Form 3CD accompanies both for AY 2026-27.
By Team assureOfficeThe ₹75 lakh Section 44ADA limit applies only where the prescribed cash-receipt condition is satisfied. This guide explains how the scheme interacts with tax audit.
By Team assureOfficeSection 44AD can simplify taxation for eligible small businesses, but turnover, cash receipts, declared profit and prior-year history all matter for tax audit.
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Understand the business and professional tax audit limits for AY 2026-27, including the ₹10 crore cash-condition threshold and the interaction with presumptive taxation.
By Team assureOfficeThe tax audit report for ordinary AY 2026-27 audit cases is currently due on 30 September 2026. This practical update explains the present position and what firms should complete now.
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