Thursday, September 20, 2018

FAQs on Tax Audit under Section 44AB

Section 44AB of the Income-tax Act, 1961 contains the provisions for the tax audit of an entity. As per these provisions, tax audit shall be conducted by a Practicing Chartered Accountant who ensures that the taxpayers has maintained proper books of account and complied with the provisions of the Income-tax Act. In this article, we have attempted to resolve some Frequently Asked Questions (FAQs) about the tax audit.

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