There are many types of audits conducted under various laws. Similarly, an audit conducted under the Income Tax Act, 1961 is called a âTax Auditâ. In the Income Tax Act, 1961, section 44AB mandates provisions for a tax audit, which are explained as follows. In the following circumstance, a tax audit will be mandatory.
source https://www.caclubindia.com/articles/income-tax-audit-49420.asp
source https://www.caclubindia.com/articles/income-tax-audit-49420.asp
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