FAQs on Tax Audit – Based on ICAI’s Views in Guidance Note on Tax Audit [Revised 2025 Edition]

FAQs on Tax Audit – Based on ICAI’s Views in Guidance Note on Tax Audit [Revised 2025 Edition] is an authoritative, practical, and easy-to-use guide for professionals and students navigating tax audit requirements. This edition incorporates all recent amendments, clarifications, and procedural updates relevant for the financial year 2025. Presented in a question-and-answer format, the book addresses common queries faced by chartered accountants, tax consultants, auditors, and finance professionals during tax audits. Each answer is aligned with the ICAI’s official Guidance Note on Tax Audit, ensuring authenticity, compliance, and practical applicability. Topics include audit planning, reporting requirements, tax compliance issues, assessment procedures, penalties, and documentation standards. The structured Q&A format allows quick reference, making it ideal for exam preparation, professional practice, and classroom use. By bridging the gap between theory and practice, this book empowers readers to confidently handle tax audit assignments and remain compliant with the latest regulations. Its clear explanations, practical examples, and alignment with ICAI guidelines make it a must-have resource for anyone involved in tax audits.