ICAI Releases study on Compliances in Tax Audit Report
Tax Audit is one of the important areas of practice for chartered accountants. The provisions of section 44AB introduced in the year 1984 casts onerous responsibility on Chartered Accountants. With the changing times and Trade and Commerce becoming more complex, such responsibility is increasing every passing day.
Looking at the need to create awareness amongst the members, the Taxation Audits Quality Review Board (TAQRB) of the Institute of Chartered Accountants of India (ICAI) thought it fit to bring out this publication ‘Study on Compliances in reporting in Tax Audit Report’ which will help and guide its members in enhancing and improving the quality of tax audit.