Understanding the Role of a Tax Auditor in Income Tax Audit in India

Compliance with tax laws is essential for every business and professional in India. As turnover grows and transactions become more complex, the need for an accurate audit becomes crucial. This is where the role of a tax auditor becomes indispensable. A tax auditor ensures that the taxpayer complies with income tax rules, maintains proper records,Continue reading “Understanding the Role of a Tax Auditor in Income Tax Audit in India”

INCOME TAX AUDIT IN INDIA: COMPLETE GUIDE UNDER SECTION 44AB

The Income Tax Audit in India is one of the most important compliance requirements for businesses and professionals. It ensures that the income declared to the government is accurate and backed by verified financial records. As per Section 44AB of the Income-tax Act, 1961, certain taxpayers must get their accounts audited by a Chartered Accountant.Continue reading “INCOME TAX AUDIT IN INDIA: COMPLETE GUIDE UNDER SECTION 44AB”

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