The Institute of Chartered Accountants of India (“ICAI”) has issued a study on compliances in reporting in the Tax Audit Report

This tax audit guide offers practical guidance for decoding compliance requirements in tax audit reports. By analyzing complex tax regulations and highlighting specific compliance sections, the guide promotes accuracy and thoroughness in reporting. It is a valuable resource for taxpayers, auditors, and tax professionals seeking to understand and address potential compliance issues. The guide’s clear and concise explanations help readers navigate the world of tax audits with confidence.

~Navneet Shukla