• Simplify the Income Tax Section 44AB for Audit Filing

  • Sep 11 2024
  • Length: 1 min
  • Podcast

Simplify the Income Tax Section 44AB for Audit Filing

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  • Summary

  • Businesses or tax professionals are required to submit an I-T Audit report If turnover surpasses the specified limit. A CA is required to perform the audit to confirm tax compliance laws and to furnish fast and proper financial reporting. The audit report must be presented before the due date. Section 44AB is used to improve transparency, control tax evasion, and enable correct reporting in the taxation system. Read More - https://saginfotech.wordpress.com/2022/02/01/tax-audit-forms-under-section-44/

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Economics
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