Query about tax audit
This query is : Resolved
28 March 2012
if any individual comes under audit liability but audit not done in previous years than can we do the audit in this financial year
29 March 2012
Each year is a different year and is viewed as a separate year for deciding whether the assessee is liable for tax audit.
Accordingly, audit of current previous year can be conducted even if audit was not conducted during the previous years.
Accordingly, audit of current previous year can be conducted even if audit was not conducted during the previous years.
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