Professional Guide to Tax Audit

Professional Guide to Tax Audit is an authoritative resource that equips professionals with the knowledge and tools required to conduct tax audits under the Income Tax Act, Section 44AB. It explains audit applicability for different categories of taxpayers, documentation requirements, reporting formats, and procedural obligations.

The book covers corporate and business audit procedures, TDS/TCS reconciliation, and compliance with audit standards, providing practical examples, checklists, and case studies. It emphasizes real-world application, accuracy in reporting, and adherence to statutory provisions, making it a hands-on reference for professionals handling audits.

Designed for chartered accountants, tax consultants, corporate finance officers, and auditors, the book integrates legal provisions with practical guidance to ensure thorough understanding of audit procedures, risk management, and regulatory compliance. It also addresses common audit pitfalls and strategies to ensure accurate documentation and reporting, helping professionals avoid penalties and disputes with tax authorities.

This comprehensive guide is particularly valuable for those seeking a professional, practice-oriented approach to tax audits, combining legal insights, procedural clarity, and practical solutions for day-to-day audit challenges.