What happens if I opt in for Tax Audit?
Modified on: Fri, 3 Jun, 2022 at 3:41 PM
Based on your Income situation and details entered by you, Quicko shall recommend whether Tax Audit is applicable.
Once you opt in for Tax Audit, you need to follow these steps:
Appoint an Auditor- Appoint a practicing Chartered Accountant to carry out audit for your books of accounts.
Get Books of Accounts Audited- The CA will audit and report it to the Income-tax department in Form no. 3CB/3CD before filing the income tax return.
Add Auditor Details- Add Auditor Details such as Auditor Name, Auditor Firm Name, MRN number, FRN number and PAN.
Add Auditor Report Details - Add date of furnishing of audit report and filing of an audit report.
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