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Nobel Prize in Literature goes to South Korean author Han KangCBIC issues posting-cum-transfer order of 7 PCC & CCsPM Modi holds bilateral meetings with Japanese & New Zealand counterpartsCBIC grants HAG grade to 22 IRS officersCentre releases Rs 178173 Crores to States; advance instalment of Rs 89086 Crores includedLate industrialist & Padma Vibhushan awardee Ratan Tata given ceremonial guard of honor at Worli crematorium; tributes pour from across IndiaNDPS - Heroin presents a significantly graver threat to public health and individual well-being as compared to cannabis - Commercial quantity recovered - Applicant, being a foreign national, can prove to be a flight risk - Bail application dismissed: HCUN Population Fund commends GoI's efforts to curb MMR by 70%GST - Services by way of reinsurance of the insurance schemes - When impugned order was passed, clarificatory Circular 228/2024 was not in existence - Demand would not sustain in the light of stand taken by respondents: HCUkrainian President Zelenskyy flaunts new ‘victory plan’; meets UK PM Starmer & NATO leaders for supportGST - Rule 86A - Blocking of ECL - No pre-decisional hearing was provided - No independent or cogent reasons offered but reliance placed on reports of enforcement authority - Order based on borrowed satisfaction cannot sustain: HCIndia, Italy ink pact for collaboration in agriculture & allied sectorsGST - As per agreement, cost of fuel was to be borne by recipient - This cost cannot, therefore, be subjected to charge of GST by adding its value in the transaction value of GTA service: HCPM at ASEAN; Modi highlights importance of India-ASEAN ties in times of geopolitical upheavalsGST - Remanding a matter to the authority concerned has the effect of providing further time of two years for the adjudicating authority to adjudicate: HCIndia, Brussels to host symposium on administrative reform; reaching last mile on agenda22-time Grand Slam champion Rafael Nadal announces retirement from Tennis following Davis Cup finalsAct East Policy has benefited India: PMTIOL Tax Congress - Doctrine of tax neutrality has no place in GST design!GST - CBIC amends Rules w.e.f Nov 1, 2024Close to 35 lakh audit reports filed upto 7th Oct: CBDTState funeral for Ratan Tata; Maharashtra notifies a day of mourning
 
Close to 35 lakh audit reports filed upto 7th Oct: CBDT

By TIOL News Service

NEW DELHI, OCT 10, 2024: MORE than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for AY 2024-25 on the e-filing portal till the end of the due date. There is an increase in the filing of Tax Audit Reports (TARs) for the AY 2024-25 by around 4.8% compared to the filings of TARs on the due date for AY 2023-24.

To assist taxpayers, the department conducted extensive outreach programmes through emails, SMSs, webinars, social media campaigns and messages on the Income Tax portal to create and raise awareness among the tax payers about filing TARs and other audit forms by the due date. Various user awareness videos were uploaded on the Income Tax portal to provide guidance. These concerted efforts have been helpful to taxpayers and tax professionals in timely compliance in filing TARs in Form Nos. 10B, 10BB, 3CA-CD, 3CB-CD and other audit reports in Form Nos. 29B, 29C, 10CCB, etc.

The e-filing Helpdesk team handled around 1.23 lakh queries from taxpayers during September and October 2024, proactively supporting them throughout the filing period. The team assisted taxpayers and tax professionals in resolving complexities and facilitated the smooth submission of audit forms. Helpdesk support was provided through inbound calls, outbound calls, live chats, WebEx, and co-browsing sessions. The team also supported the resolution of queries received on the Department's X handle (formerly Twitter) through Online Response Management (ORM), by proactively reaching out to taxpayers and stakeholders and providing assistance to them on various issues in near real-time basis.


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