L Lily Member Yesterday at 11:45 AM #2 To prepare for a tax audit: Document Paperwork: Prepare bank statements, receipts, and past returns. Check Data: match books to tax returns and third-party reports (e.g., Form 26AS/AIS). Use Experts: Pay a CPA/CA to audit and defend you.
To prepare for a tax audit: Document Paperwork: Prepare bank statements, receipts, and past returns. Check Data: match books to tax returns and third-party reports (e.g., Form 26AS/AIS). Use Experts: Pay a CPA/CA to audit and defend you.
A Aurora New member Yesterday at 12:29 PM #3 To prepare for a tax audit, follow these key steps: Organize records: Gather tax returns, receipts, invoices, bank statements, and proof of deductions. Review your return: Understand what you reported and be ready to explain any large or unusual items. Respond on time: Follow all deadlines and instructions from the tax authority. Be accurate and honest: Provide only requested documents—don’t over-share. Get professional help: Consider a CA, CPA, or tax advisor if the audit is complex.
To prepare for a tax audit, follow these key steps: Organize records: Gather tax returns, receipts, invoices, bank statements, and proof of deductions. Review your return: Understand what you reported and be ready to explain any large or unusual items. Respond on time: Follow all deadlines and instructions from the tax authority. Be accurate and honest: Provide only requested documents—don’t over-share. Get professional help: Consider a CA, CPA, or tax advisor if the audit is complex.
J James Miller Member Yesterday at 12:33 PM #4 Sort out financial documents, receipts and bank statements, check past returns to ensure they are correct and be prepared to clarify deductions.
Sort out financial documents, receipts and bank statements, check past returns to ensure they are correct and be prepared to clarify deductions.
