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
AOC-4, MGT-7, MGT-7A and ADT-1 are counted from the AGM, not the calendar. The new ₹10 crore small-company limit, the ₹100 a day uncapped fee, the penalties, and the DIR-3 KYC rule that was repealed.
FADS 2026 under the Finance Act, 2026: 60% where undisclosed foreign assets and income are within ₹1 crore, a flat ₹1,00,000 fee where an already-taxed asset is within ₹5 crore, closing 31 December 2026.
The GSTAT time limit under section 112, the notified date of 31 July 2026 and the 60-day token, the 10% pre-deposit under section 112(8) with the ₹20 crore cap, the rule 110(5) fee, and how APL-05 is filed.
No section or rule requires an IMS action, and GSTN calls it optional. But rule 36(4)(b) allows credit only if it is in GSTR-2B, and only IMS decides that. Deemed acceptance, pending limits, credit notes and the 30 November 2026 date.
A vendor-neutral guide to using AI in an Indian audit: NFRA's July 2026 staff principles, automation bias in the 2026 Code of Ethics, SA 500 and SA 230, client confidentiality under the CA Act, and a checklist.
Crypto under the Income-tax Act, 2025: 30% under section 194, 1% TDS under section 393(1) serial 8(vi) with the ₹50,000 and ₹10,000 limits, gifts, and the crypto-asset reporting of non-residents that starts in calendar year 2026.
Start-up tax under the Income-tax Act, 2025: angel tax switched off from 1 April 2025, the section 140 (was 80-IAC) deduction with the Finance Act 2026's ₹300 crore limit, the sixty-month ESOP deferral, and loss carry-forward.
GIFT City IFSC tax benefits under the Income-tax Act, 2025: the section 147 deduction extended to 20 of 25 years by the Finance Act 2026, 9% MAT, non-resident exemptions, 10% dividends, and what individuals get.
E-invoicing under rule 48(4) of the CGST Rules: the fall from ₹500 crore to ₹5 crore, the any-preceding-year and PAN-wide tests, who is excluded, and the 30-day IRP reporting limit for AATO of ₹10 crore and above.
Audcrix is an audit intelligence platform for CA firms in India. It works straight from Tally, gives output every figure of which opens to the voucher behind it, and stays with your team through every audit season.
The depreciation rate chart under section 33 and Appendix I to rule 25 for tax year 2026-27: buildings, furniture, plant and machinery, computers, ships and intangibles, the half-rate rule, additional depreciation and goodwill.
Section 194Q is now section 393(1), Table serial 8(ii): 0.1% TDS on purchases above ₹50 lakh from a seller, by buyers with turnover above ₹10 crore. The tests, the PAN rule, the 5% rate and what happened to TCS.
TDS on rent now sits in section 393: 2% once a year for families paying over ₹50,000 a month, 2% or 10% monthly for businesses, and the rates in force for a non-resident landlord. Forms 141, 140, 144 and 145.
Capital gains from tax year 2026-27: the 12 and 24-month holding periods, 20% and 12.5% rates, the ₹1.25 lakh exemption, sections 82 to 86 (were 54 to 54F), and the Finance Act 2026 return of buybacks to capital gains.
The new regime is section 202 of the Income-tax Act, 2025 and still the default: nil tax up to ₹12 lakh with the rebate. Section 80C is now section 123. The slabs, what each regime allows, and a calculator.
Section 6 of the Income-tax Act, 2025 decides who is resident, not ordinarily resident or non-resident. The 182, 60 and 120-day tests, the ₹15 lakh rules, the deemed resident, and a calculator.
Forms 15CA and 15CB are now Forms 145 and 146 under rule 220 of the Income-tax Rules, 2026. Which part applies, the 33 remittances that need nothing, what the CA's certificate says, and the ₹1 lakh penalty.
Sections 92 to 92F are now sections 161 to 173, and Form 3CEB is Form 48 from tax year 2026-27. The due dates, the ₹1 crore documentation floor, the ₹20 crore domestic threshold, and the new section 428(d) fee.
Sections 90 and 91 are now sections 159 and 160, Form 10F is Form 41 and Form 67 is Form 44. How treaty relief is claimed, how foreign tax credit is computed source by source, and when Form 44 needs a CA.
MSME Form I for April to September 2026 is due on 31 October. Who must file after the July 2024 amendment, the four columns by supplier PAN, the penalty, and the gap between the form's 45 days and section 15's deadline.
From 22 September 2025, GST moved to 5%, 18% and 40%. How section 14 decides old or new rate, what the FAQ said about credit, and what the change does to the FY 2025-26 annual return due on 31 December 2026.
Sections 44AD, 44ADA and 44AE become one Table in section 58 of the Income-tax Act, 2025. The limits, the 6% and 8% rates, the 5% cash test, who can use it, the five-year rule and the audit trigger, with a calculator.
Sections 207 to 211, 234B and 234C are now sections 403 to 408, 424 and 425. The 15%, 45%, 75% and 100% instalments, the 12% and 36% safe harbours, section 58's single date, and worked examples of the interest.
The Bill would let prescribed companies skip the statutory audit and bar auditors from non-audit services for three years after their term. The Joint Committee narrowed both. Where it stands and what it means for CAs.
The Digital Personal Data Protection Act's obligations and penalties apply from 13 May 2027. What a CA firm holds, where it fits as fiduciary or processor, what the Rules require, and a readiness check.
Rule 46(8) of the Income-tax Rules, 2026 asks for a daily backup of electronic books on servers in India, and Form 26 clause 14 asks the auditor whether it happened. The answers made during the year, clause by clause.
From tax year 2026-27, Forms 24Q, 26Q, 27Q and 27EQ are Forms 138, 140, 144 and 143. The due dates, what is different inside Form 140, what a late day costs, and why 31 March 2027 matters for older returns.
The Code on Social Security replaced the Payment of Gratuity Act on 21 November 2025. How the 50% wage rule raises gratuity, who qualifies now, and how ICAI says the increase is accounted for, with a calculator.
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.