Meaning
This query is : Resolved
Ashish Jain
(Querist)
22 September 2014
Sir;
What is the meaning of Tax Audit & Audit Report?
Nikhil Kaushik
(Expert)
22 September 2014
an audit conducted under the provisions of section 44AB of the Income-tax Act 1961 is called tax audit.
audit report has the same meaning as any audit report does..it is the report furnished by the auditor as an evidence of his auditing observations on the auditee
audit report has the same meaning as any audit report does..it is the report furnished by the auditor as an evidence of his auditing observations on the auditee
22 September 2014
basically in simple words it means whther there is full compliance of income tax act and rules made there under or not and report is about that.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
