Section 44AB: Tax Audit under Income Tax

As tax season approaches, individuals and businesses must be familiar with the numerous requirements of the Income Tax Act in order to ensure compliance and avoid penalties. The obligation for…

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Tax Audit in India: Applicability, Types, Compliance, and Penalties

In India, tax audit is a crucial process designed to ensure transparency, accuracy, and compliance in the financial statements and tax returns of businesses. It is carried out by qualified…

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