Income Tax Act 2025 vs 1961 — section mapping cheat sheet for taxpayers
Compare Income Tax Act 2025 vs 1961 with a practical section mapping cheat sheet covering 80C, 44AB, 139, TDS, capital gains and key provisions.
Compare Income Tax Act 2025 vs 1961 with a practical section mapping cheat sheet covering 80C, 44AB, 139, TDS, capital gains and key provisions.
Tax audit is an important compliance requirement for businesses and professionals falling within the scope of Section 44AB of the Income-tax Act. It is not determined only by turnover; cash transactions, presumptive taxation and the manner in which income is declared can also affect tax-audit applicability. For FY 2025-26 (AY 2026-27), tax audits continue to…