The deadline for individuals required to submit an income tax audit report to file their income tax return (ITR) is October 31, 2024. It is important to note that the Central Board of Direct Taxes (CBDT) has not extended the deadline for those needing an audit to submit their ITR yet. The deadline for filing … Read more
The word ‘audit‘ implies that it is a formal examination of an organisation’s financial records and the creation of a report, usually by a third party. Numerous types of audits are carried out in accordance with different laws, including stock audits, cost audits, and company audits or statutory audits performed under company law provisions. Similar … Read more
It is becoming increasingly apparent that regular auditing is important to a business. Not only is regular auditing important to a business, but ethical and transparent auditing is the foundation upon which a business builds trust on all levels. What Is Tax Audit? A tax audit is an integral part of examining a person’s income. … Read more