Tag Archives: section 44AB

Tax Audit & Return filing due date extended to 17 Oct 2016 :CBDT Clarify

Note : CBDT had extended the due date of furnishing ITR to 17th October but there was no clarity about Tax Audit Due Date . So clarification has been issued that Tax Audit date has also been extended. F. No. 225/195/2016-ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes… Read More »

Tax audit Questions and Answers

Tax Audit [As amended upto Finance Act, 2015]​ What is Tax Audit ?  The Income-tax Law requires the taxpayer to get the audit of the accounts of his business/profession from the view point of Income-tax Law. ​What is the objective of tax audit? One of the objectives of tax audit is to ascertain/derive/report the requirements of… Read More »