tax audit

The government has extended the due date of filing the Audit Report and ITR for the A.Y. 2018-19 from 30th of September 2018 to 15th of October 2018. However, This must be noted by the taxpayers and the other interested parties that the interest u/s 234A will be payable by the Assessees.  The Central Board […]

Income Tax Audit

According to section 44AB of Income Tax Act 1961, every assessee falling within the scope of this section is required to get its books of accounts audited by a Chartered Accountant. This audit is completely different from the General Audit from which we are regularly exposed. The scope of Tax Audit is to check whether […]