Audit 2024-25

Audit 2024-25. Are you required to get a income tax audit done for a.y. Alongside immediate savings, the chancellor is also setting.

The icai, in the guidance note on tax audit, provides that if an assessee is carrying on a business and a profession, then a tax audit is required if turnover/receipts from either. These amendments to form 3cd ensure compliance with the latest legislative changes and provide clarity on the specific requirements for tax audits.