ICAI has released the Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 (Revised 2023). The Guidance Note (2023) makes several changes in recommendations vis-a-vis the Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 (Revised 2022).
In this article, Taxmann's Advisory and Research Team have discussed the changes introduced in the Guidance Note.