Saturday, October 17, 2020

Key Alterations in Tax Audit Report applicable for AY 2020-21: All You Need to Know

Key Alterations - Tax Audit Report - AY 2020-21 - All You Need to Know - taxscanThe income tax law mandates an audit called ‘Tax Audit’. Section 44AB of the Income-tax Act, 1961 contains the provisions for the tax audit of an entity. As per these provisions, tax audit shall be conducted by a Chartered Accountant who ensures that the taxpayers have maintained proper books of account and complied with the […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2T8cveI

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