If restriction on tax audits numbers redundant if not infructuous ? SC to decide the issue.
December 10, 2020
ICAI
Has restriction on number of tax audits become redundant if not infructuous in view of judgment of Madras High Court and dismissal of the SLP of ICAI? ICAI has announced that audits conducted under Section 44AD, 44ADA and 44AE of the Income tax Act, 1961 shall not be …