Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
Professional Updates »
Open DEMAT Account in 24 hrs
 Empanelment of Members to act as Observers at the Examination Centres for the Chartered Accountants Examinations May/June 2024
 Guidance Note on Audit of Banks (2024 Edition)
 Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)
 Implementation Guide on Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 (Revised 2024 Edition) - (12-02-2024)
 Important Announcement for May-June 2024 CA Examinations
 Draft Bank Branch Auditors' Panel (MEF) for the year 2023-24
 Results of the Chartered Accountants Final and Intermediate Examinations held in November 2023 declared.
 Observations of the candidates on the question papers of CA Foundation examinations - December - 2023
 Inviting suggestions by way of Questionnaire for preparation of ICAI Vision 2049
 Clarifications on the requirement for completion of Advanced ICITSS and the Advanced IT Test thereunder, with reference to eligibility to appear in CA Final examination, under CA Regulations 31(v).
 Exposure Draft on Financial Instruments with Characteristics of Equity - Proposed amendments to IAS 32, IFRS 7 and IAS 1

Exposure Draft of Revised 'Guidance Note on Tax Audit under section 44AB of the Income-tax Act, 1961' for Public Comments
July, 06th 2022

Direct Taxes Committee (DTC)
The Institute of Chartered Accountants of India
5th July 2022

Sub: Exposure Draft of Revised ‘Guidance Note on Tax Audit under section 44AB of the Income-tax Act, 1961’ for Public Comments

The Exposure Draft of Revised ‘Guidance Note on Tax Audit under section 44AB of the Income-tax Act, 1961’, has been issued by the Direct Taxes Committee for comments. The Exposure Draft can be accessed at the link https://resource.cdn.icai.org/70897dtc56864ed.pdf

The DTC has decided to issue guidance note on tax audit for each assessment year separately.



This Guidance Note is for the audits to be conducted for Assessment Year 2022-23. Therefore, law relevant to this year has been discussed. This has helped in containing size of the Guidance Note.

If you desire to supplement any point with any latest case law of any High Court or the Supreme Court. Any other suggestion for improvement is welcome.

The comments on the above mentioned Exposure Draft may be sent in the following format at dtc.suggestions@icai.in latest by July 20, 2022.

Page no. Clause no. Para no. Existing content Revised content Reasons for Change
           
Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting