Tax audits are designed to ensure that taxpayers adhere to the tax laws and regulations set by the Income Tax Department. These audits are important for maintaining the integrity of the tax system, preventing tax evasion, and enhancing transparency in financial reporting. This article provides an in-depth analysis of tax audits in India, covering their… Continue reading Guide to Applicability of Income Tax Audit: Process, Laws, and Implications
Person carrying on business to get his accounts audited if his total sales, turnover, etc., exceeds the specified amount [Section 44AB(a)]: Every person carrying on business shall if his total sales, turnover or gross receipts, in business exceed ₹1 crore in any previous year, get his accounts of such previous year audited by a “Chartered… Continue reading Tax Audit Under Section 44AB of Income Tax Act, 1961
We have launched a range of Chartered Accountants Services for families along with a complete income tax filing product suite covering ITR-1 to ITR-7. With the launch of our families division, we aim to help millions of Indians with financial literacy, compliance and investment.
Enquiry Now
