Professional Guide To Tax Audit [Assessment Year 2021-2022]

(Including the updated Provisions of)
Covering Revised Form 3CD w.e.f. 01.04.2021.
•    Income Tax Law
•    e-filing with DSC
•    ICAI's Revised Guidance Note on Tax Audit
•    Ethics & Code of Conduct
•    Standards on Auditing
•    Accounting Standards
.........................................................................................................................
Description
Since its introduction section 44A.B of the Income Tax Act, 1961 has been one of the core areas of Practising Chartered Accountant(s). There have been lot of improvements and updates in this area, including developments like Income Computation and Disclosure Standards (ICDS), and changes in Tax Audit Report Formats. This Book is a sincere endeavour to assist all Practising Chartered Accountants, irrespective of the size of their Firm or audit experience - to highlight the principles in Tax Audit, in a simple but effective manner, and to aid their application in practice.
the Highlights of this Book include -
-    Finance Act, 2020 Amendments incorporated.
-    Detailed analysis of provisions of revised ICDS
-    Frequently Asked Questions (FAQs) on - (a) Applicability of Tax Audit, (b) Ethical Issues and Duties and
     Responsibilities of Tax Auditor, etc.
-    Detailed Explanation of the Provisions of Income Tax Law - relevant for various Clauses in Form No.SCD
     including Highlights of Guidance provided by ICAI
-    Clause by Clause Analysis, of Statement of Particulars in Form No. 3CD.
-    Separate Chapter on e-filing of Tax Audit Reports including Step by Step approach guiding E-filing in Java
      Utility.
........................................................................................................................
Contents
1.  Applicability of Tax Audit u/s 44AB
2.  Business of Profession
3.  Sales / Turnover / Gross Receipts
4.  Tax Auditor - Appointment, Duties, Ethics, etc.
5.  Tax Audit Reports
6.  E Filing of Tax Audit Report
7.  Introduction of Accounting Standards
    Annexures
.........................................................................................................................
Author Details
Shri G Sekar is a graduate in commerce and a fellow member of the Institute of Chartered Accountants of India. He is a rank-holder and Gold Medalist in the graduation examinations. His areas of specialization include Direct Taxation, Indirect Taxation, Systems Audit ,Accounting Standards and Government Accounting. He is a faculty member on Taxation,at Institute of Chartered Accountants of India and its Branches. He is also a visiting faculty on the subject in management and professional institutes including Regional Training Institute of Southern Region - C & AG. He has been regularly presenting papers on Direct and Indirect Taxation and Accounting Standards at conferences organized by various institutions. His articles on Direct and Indirect Taxation have been published in law journals.
.............................................................................................................................