ICAI Publication that provides comprehensive guidance on conduct of Tax Audit under section 44AB of the Income-tax Act, 1961 . It explains and reinforces the responsibility accompanying tax audit engagements-not merely as a reporting exercise but as a mechanism that enhances the credibility and discipline of tax compliance. Over the years, tax audit reporting has evolved substantially and the scope & depth of reporting has progressively broadened. This Guidance Note is designed as a practical and dependable companion-addressing real world issues encountered during tax audit and in the process brings consistency and accuracy in tax audit reporting.
