Institute of Chartered Accountants of India (ICAI) has released the Revised Guidance Note on Tax Audit u/s 44AB of the Income-tax Act, 1961- Revised 2013 Edition on 09th July 2013. This includes tax audit applicability, various procedures wrt tax audit, the meaning of various terms like Gross receipts or turnover, Penalties for non complaince with tax audit, Applicability of accounting standards etc. This is a full fledge text on tax audit. Please download the attached file. Guidance-note-on-tax-audit.pdf 

Posted 3 years, 1 month ago by Mukesh Jain CA

This is one such book all members should have in their library to be abreast with the latest tax amendments and their implications of conducting of tax audit. I would advice everyone to buy a hardcopy for permanent reference   

Posted 3 years, 1 month ago by Half-God Half-Man

Guidens notes explained issue in taxaudit in better manner

Posted 3 years ago by Ganesh babu k

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