Income Tax Audit
When business operations are conducted daily, it is crucial to know what provisions of the applicable legal framework applicable to you, tax liabilities, and preparations needed to abide by laws. One slip up could harm the future due to excessive penalties, thereby tarnishing the reputation. Our expert team reviews procedures, and books methodically to ascertain the level of compliance.
Benefits Of Income Tax Audit
- Helps in review of transactions related to income, expenses, deductions, and taxes of the organization
- Eases out the process of filing the income tax return for taxation purpose
- Ensures that the books of accounts are maintained properly and are certified by a tax auditor
- Helps verify the correctness of the income tax returns which are filed with the IT department