📈 Understanding Tax Audit under Section 44AB 📊

Tax Audits under Section 44AB are crucial for businesses meeting specific criteria. Here’s how to prepare:

🔹 Who Needs an Audit?: Businesses with turnover above ₹1 crore (or ₹10 crores in certain cases) must undergo an audit. 🔹 Audit Timeline: Conducted annually, with completion required before the 30th September of the assessment year. 🔹 Essential Documents: Maintain comprehensive financial records including profit and loss statements, balance sheets, and more. 🔹 Professional Assistance: Partner with a qualified auditor to ensure accurate and compliant audits.

Taxtime Consultancy Group offers expert support for a seamless audit process. Contact us for detailed assistance.

📧 Email: info@taxtime.co.in 📱 Mobile/WhatsApp: +91-8660248378 Consult for queries: bo@taxtime.co.in Mobile/WhatsApp: +91-9867043352 🌐 Website: www.taxtime.co.in

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