The Income Tax Act 1961 states various provisions to conduct Tax audit of accounts for tax purposes. If you are a taxpayer and turnover of your business or total receipts from any profession exceeds limits as prescribed by The Income Tax Act, in any previous year then, you are obligated to get your books of accounts audited.
Puneet Bajaj & Co is Tax Audit Consultant in Delhi known to deliver quality services to its clients. The entire procedure of the tax audit is to ensure that the Income Tax compliances & other relevant laws are appropriately being followed.
Our Tax Professionals in Delhi helps in developing strategies that improves the operations and provides great value to the business.
Generally following steps are involved during tax audit: