An Income Tax audit checklist is an invaluable tool for comparing a business’s practices and processes to the requirements set out by ISO standards.Income Tax audit is an independent assessment of how effective an organization’s risk management, processes, and general governance is. The Income Tax audit checklist contains everything needed to complete an Income Tax audit accurately and efficiently.
Income Tax audits can be scheduled as frequently as your organization determines is needed in order to improve processes. Some businesses schedule audits once a year, every quarter, or even once a month, at most.
Audit Closure | Execution | ITR Filing |
---|---|---|
Closure | 15CB | ITR Filing |
ITR Preparation |
ITR Preparation | Transfer Pricing Report | Transfer Pricing Study |
---|---|---|
ITR Preparation | TPR Filing | TPR Preparation |
TPR Preparation |