Tax Audit Penalties

Section 44AB: Tax Audit under Income Tax

Post author:TAXVIC
Post published:August 28, 2023
Post category:Chartered Accountant Audit Compliance and Regulations Financial Reporting Indian Tax Laws Legal Tax Procedures Presumptive Taxation Scheme Professional Tax Audit Section 44AB Tax Audit
Reading time:7 mins read

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…