Changes in Tax Audit Form 3CD – Tax Auditor is an A.O Now , Almost !

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Tax Audit under section 44AB is a very important procedure fixed under Income Tax Act. The return filing date for all those assessee who are supposed to get account audited is 30th September. So , July onwards , there is rush among chartered accountants to complete the tax audit reports and then efile the tax audit forms . As is the practice, suddenly CBDT changed the tax audit Form 3CD vide Income-tax (7th amendment) Rules, 2014 dated 25th July 2014 .

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