ICAI releases Exposure Draft of Guidance Note on Reports on Audit u/s 12A/10(23C) of Income Tax Act for Public Comments

ICAI - ICAI Exposure Draft - Income Tax - Chartered Accountant Reports - Public Comments on Audit - Audit report - taxscan

The Institute of Chartered Accountant on 29 th April 2024 released the exposure draft of guidance note on reports on audit under Section 12A/10(23C) of Income Tax Act, 1961 for Public Comments. In October, 2023, the Direct Taxes Committee of ICAI had come out with a Technical Guide on “Reports of Audit under section 12A/10(23C)…

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