Written for chartered accountants in practice — about method, not marketing. Where the habits of the profession came from, which of them were constraints rather than principles, and what changes when the constraint lifts.
Look up any section in the Income-tax Act 2025 section finder
Rule 11(g) reporting begins with financial year 2023-24 and preservation only from 2024-25. The two rules and their different dates, the five controls ICAI lists, and what each accounting package's own documentation says.
The Order's own words for all twenty-one clauses, the four cumulative conditions that keep a private company out, why consolidated statements carry only clause (xxi), and the thresholds that decide each clause.
The ageing buckets that differ between receivables and payables, why Division II has six receivable categories, the two CWIP tables, the eleven ratios and the 25% rule — with a free checklist.
A clause-wise tax audit checklist sorted by where the number comes from — the books, a filed return, or a register — with the clauses that need documents from outside the accounting system, and a free checklist.
Reported, processed and derived value; the deduplication rule that explains most double counting; the six feedback responses in the department's own words; and where mismatches actually come from.
AS 18, Ind AS 24, section 188 with Rule 15's ten per cent tests, and section 40A(2)(b) each define a related party differently. The thresholds, the section 189 register, and what each standard asks you to disclose.
Seven categories of ledger error, why completeness and master-hygiene checks are population questions rather than sample ones, and where each exception should be routed — with a free programme.
Where each MSME number is actually reported — the five items section 22 requires, the Schedule III payables ageing rows, clause 22 for interest and clause 26 for the 43B(h) principal — and why CARO has no MSME clause.
What the revised LFAR asks of a branch auditor — the Section B structure, the large advance threshold of 10% or ₹10 crore whichever is less, the twenty-six items of Annexure III, and the certificates besides the report.
The ceilings, the fee rules and the advertising guidelines a practice is built inside — 40 audits per partner, ICAI's recommended fee scale, and what the write-up and website guidelines really permit.
A vendor-neutral checklist for choosing audit automation and AI tools: client confidentiality under the Chartered Accountants Act, reliability under SA 500, documentation under SA 230, what was tested, and the 2025 Act.
The Income-tax Rules, 2026 renumber every form from 1 to 190. The numbers a CA firm uses most, the forms merged into one, and eight old numbers that now name entirely different forms, with a finder.
GSTR-9 for FY 2025-26 is due on 31 December 2026, but section 16(4) closes the ITC window on 30 November 2026 or on filing the return. Tables 6A1, 8A, 8C, 10 to 14 and the reclaim rules, with a router for any credit.
Form No. 26 replaces Forms 3CA, 3CB and 3CD from tax year 2026-27. Every Form 3CD clause traced to its Form 26 clause or schedule, the disclosures that are new, and five subjects the new form no longer asks about.
The day before SQM 1 and SQM 2 were to become mandatory, ICAI deferred them until further announcement, with SQC 1 continuing. What the announcement settles, what it leaves open, and what SQM 1 asks of a firm.
The GSTR-3B liability is locked from July 2025 and Table 3.2 from November 2025. The ITC in Table 4 is not, whatever the posts say. What GSTN has actually issued, and what accept, reject and pending do in IMS.
ICAI has widened the Audit Quality Maturity Model to firms auditing group companies of listed entities, banks and insurers, and large unlisted public companies from 1 April 2026, with a third group from 1 April 2027.
Since December 2025 a tax audit UDIN is validated against the assessee's PAN, and since February 2026 the UDIN portal checks section 44AB criteria before issuing one. Every change in order, with the gates.
ICAI's limit of 60 tax audits per member is now enforced when the UDIN is generated. What counts, what does not, why the year of signing decides, and a register that counts the way the Guidelines do.
The tax audit report for AY 2026-27 is due on 30 September 2026. Nine seasons of CBDT extensions on one scale: when each was announced, by which instrument, and how far it moved the date.
A conversion table from the 1961 sections to the 2025 Act — 194C, 194J, 194I, 194Q, 269SS, 40A(3), 44AB — and the two provisions that genuinely disappear.
Rates, thresholds and worked examples for contracts, professional fees, rent, purchase of goods and partner payments under the Income-tax Act 2025 Tables.
The cash limits and the tax audit trigger move to sections 185, 186, 188, 36(4) and 63(1). The amounts carry over — the numbering collides with two other statutes.
Agreeing the total TDS figure reconciles nothing. Deductor-wise matching, why the consolidated statement is not 26AS, and the payee problem underneath TDS testing.
One entry, two statutes. Who counts as a person the director is interested in, why repayment does not undo a deemed dividend, and why the ledger will not tell you.
The employer share falls under 43B(b) with proviso relief. The employee share falls under 36(1)(va) with none. Why the split is hard to find in a Tally ledger.
The cash limits carry a penalty equal to the amount itself. Per-transaction versus per-person-per-day, why NBFC loans stay in scope, and when merging parties changes the answer.
GST reconciliation fails when annual totals are compared instead of tax periods. Month-wise matching, tax-tag classification and the control account nobody opens.
From FY 2025-26, TDS at 10% applies on partner remuneration and interest above ₹20,000 a year. Why section 192 was never the answer, and where firms get caught.
The MSME disallowance under section 43B(h) — the 15 and 45-day windows, why traders sit outside it, and why the return due date does not rescue clause (h).
A firm's capacity is trained hours divided by hours per engagement. The profession has spent thirty years attacking the numerator. The denominator is the one that just moved.
"Best" is a marketing word. These are ten testable questions about how an audit tool is built — proof of its own read, population testing, classification, refusal over guessing — and how Audcrix answers each one.
Tally, e-filing and GST each looked optional for about eighteen months. Audit technology is at exactly that point — and the advantage of moving early compounds in a way a discount never does.
We sample because we couldn't read everything. That reason has expired — and what shows up when you test the whole population is not what the sample was going to tell you.