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Tax audits are crucial for ensuring compliance with the Income Tax Act, 1961. This 5-day intensive course is designed to provide professionals with a comprehensive understanding of the tax audit process under Section 44AB. Participants will explore ethical responsibilities, recent amendments, and detailed analysis of mandatory forms like 3CA, 3CB, and 3CD. The course includes practical insights through case studies, real-life examples, and interactive sessions to ensure accuracy and integrity in tax audits.

Course Details:

  • Course Name: Live Online Practical Tax Audit Course
  • Date: 8th September 2024 to 12th September 2024
  • Period: 5 Days (4 Hours Daily in 2 Sessions)
  • Time: 7 AM to 9 AM & 6 PM to 8 PM
  • Price: ₹5,999/- Plus GST
  • Complimentary Gift: Bizz Gyaan Tax Audit GPT (Worth ₹999/-) and Digital Tax Audit Ready Referencer by CA Manoj Lamba (₹1,499/-) Absolutely Free!

Registration link: https://shop.taxguru.in/product/live-online-practical-tax-audit-course/

Speaker: CA Manoj Lamba

Course Outline:

Day Session Topic Details
1 1 Introduction to Tax Audit Under Section 44AB
  • Overview of tax audit under Section 44AB of the Income Tax Act, 1961
  • Legal framework and objectives
  • Course structure and overview
1 2 Applicability of Tax Audit U/S 44AB
  • Applicability for different assessees (individuals, HUFs, firms, companies)
  • Threshold limits for turnover and gross receipts
  • Case studies on tax audit applicability
2 1 Presumptive Taxation and Exemptions from Tax Audit
  • Presumptive taxation schemes (Sections 44AD, 44ADA, and 44AE)
  • Interaction between presumptive taxation and tax audit requirements
  • Analysis of exemptions and their effect on audit obligations
2 2 Recent Amendments and Updates in Tax Audit
  • Recent changes in tax audit provisions and threshold limits
  • Impact of amendments on the audit process and requirements
  • Practical examples illustrating these changes
3 1 Role and Responsibilities of a Tax Auditor
  • Role of the tax auditor and responsibilities
  • Documentation, audit planning, and reporting
  • Maintaining independence and objectivity
3 2 Ethical Issues in Tax Audit
  • Ethical principles in auditing: confidentiality, integrity, and independence
  • Common ethical dilemmas faced by auditors
  • ICAI guidelines on ethical practices and compliance
4 1 Form 3CA and 3CB – Clause-by-Clause Analysis (Part 1)
  • Introduction to Form 3CA and 3CB
  • Detailed analysis of initial clauses: scope, purpose, and specific requirements
  • Common errors in filling out these forms
4 2 Form 3CA and 3CB – Clause-by-Clause Analysis (Part 2)
  • Continuation of the clause-by-clause analysis of Form 3CA and 3CB
  • Discussion on specific clauses requiring detailed reporting
  • Tips for accuracy and compliance
5 1 Form 3CD – Clause-by-Clause Analysis (Part 1)
  • Introduction to Form 3CD and its significance
  • Clause-by-clause analysis of initial sections: legal interpretations and reporting standards
  • Common pitfalls and errors
5 2 Form 3CD – Clause-by-Clause Analysis (Part 2)
  • Continuation of the clause-by-clause analysis of Form 3CD
  • Discussion on remaining clauses with practical examples
  • Summary of the course, Q&A, and final remarks on compliance and accuracy

Registration: https://shop.taxguru.in/product/live-online-practical-tax-audit-course/

  • Priced at ₹5,999/- plus GST per participant
  • Complimentary access to the Tax Audit GPT tool until September 30th

About the Speaker:

CA Manoj Lamba is a practicing Chartered Accountant with 25 years of expertise in auditing, income tax, and company law. He is the Co-Founder of Bizz Gyaan Private Limited and a registered Mentor on the Startup India Government Portal. As a passionate trainer, he has mentored over 10,000 students.

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