{"id":22205,"date":"2020-12-09T15:19:06","date_gmt":"2020-12-09T15:19:06","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=22205"},"modified":"2026-04-07T17:16:37","modified_gmt":"2026-04-07T11:46:37","slug":"section-44ab-income-tax-act","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/section-44ab-income-tax-act\/","title":{"rendered":"Section 44AB of the Income Tax Act: Objectives, Applicability & Criteria"},"content":{"rendered":"

Section 44AB of the Income Tax Act imbibes in itself provisions regarding the tax audit under the Income Tax Audit. A tax audit is an analysis of a taxpayer\u2019s accounts book. The analysis is conducted to make sure that the taxpayer has accurately maintained the books of accounts and other records. Apart from this, the book of accounts should truly reflect the income earned by the taxpayer. During the tax audit, the individual who is responsible for issuing the tax suit report must verify whether the assesses have complied with different requirements such as filing of income tax return<\/a>, accurate specification of claim and income tax deductions, and so on.\u00a0<\/span><\/p>\n

A tax audit can be understood as a measure that is initiated to curb fraudulent tax practices. Tax audit must be performed by a practicing chartered accountant. This article will provide an insight into Section 44AB of the Income Tax Act, which basically deals with the concept of a tax audit.\u00a0<\/span><\/p>\n

\n
\n

Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n