knowledgewisdomKnowledge Contributor
What is the role of a Chartered Accountant (CA) in a tax audit?
What is the role of a Chartered Accountant (CA) in a tax audit?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
A Chartered Accountant (CA) plays a crucial role in a tax audit by:
Conducting an independent examination of the financial statements.
Ensuring compliance with the provisions of the Income Tax Act, 1961.
Verifying the accuracy and completeness of financial records.
Identifying any discrepancies or anomalies in the accounts.
Preparing and submitting the audit report in the prescribed format (Form 3CA/3CB and Form 3CD).
Advising the taxpayer on tax planning and compliance issues.