Tax Audit Under Section 44AB of Income Tax Act, 1961

Category: Finance



blog address: https://vittconsultant.com/tax-audit-under-section-44ab-of-income-tax-act-1961/

blog details: A Tax Audit is an audit, made compulsory by the Income Tax Act, if the annual gross turnover/receipts of the assessee exceed the specified limit. Tax audit is conducted in Sec 44AB of the Income Tax Act by a Chartered Accountant. Simply Tax Audit means, an audit of matters related to tax. Read more at the given link.

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