Risk Based Tax Audit by CA Kamal Garg – 1st Edition 2026

Description

Chapter 1 – Conceptual Framework of Risk Based Tax Audit –

Chapter 2 – Legislative Scheme of Section 44AB –

Chapter 3 – Relationship between Tax Audit, Statutory Audit and Special Purpose Reporting

Chapter 4 – Applicability of Tax Audit: Business, Profession and Presumptive Taxation –

Chapter 5 – Sales, Turnover, Gross Receipts and Threshold Determination –

Chapter 6 – Tax Auditor: Eligibility, Appointment, Independence and Professional Responsibility –

Chapter 7 – Application of Standards on Auditing to Tax Audit

Chapter 8 – Engagement Acceptance, Continuance and Engagement Letter –

Chapter 9 – Audit Planning and Overall Tax Audit Strategy –

Chapter 10 – Understanding the Entity, Business Model and Tax Environment –

Chapter 11 – Risk Assessment under SA 315 in a Tax Audit Context –

Chapter 12 – Materiality in Tax Audit Reporting –

Chapter 13 – Internal Control Evaluation for Tax Audit –

Chapter 14 – Fraud, Non-Compliance and Tax Audit Risk –

Chapter 15 – Audit Documentation and Working Papers –

Chapter 16 – Audit Evidence and Substantive Procedures –

Chapter 17 – Analytical Procedures in Tax Audit –

Chapter 18 – Audit Sampling and Selection of Items for Testing –

Chapter 19 – Use of Work of Others, Experts and Service Organisations in Tax Audit –

Chapter 20 – Written Representations, Management Responsibility and Auditor’s Reliance –

Chapter 21 – Completion Procedures and Final Review before Signing the Tax Audit Report –

Chapter 22 – Reporting under Form No. 3CA, Form No. 3CB and Form No. 3CD –

Chapter 23 – Foundational Reporting in Form No. 3CD: Basic Particulars, Business Profile, Books of Account, Method of Accounting and Stock Valuation –

Chapter 24 – Reporting under Form No. 3CD: Clauses 15 to 20 — Deemed Income, Income Not Credited, Immovable Property, Depreciation, Specified Deductions and Employee-Related Payments –

Chapter 25 – Reporting under Form No. 3CD: Clauses 21 and 22 — Amounts Debited to Profit and Loss Account but Inadmissible or Reportable –

Chapter 26 – Reporting under Form No. 3CD: Clauses 23 to 26 — Specified Persons, Deemed Profits, Section 41 and Section 43B Liabilities –

Chapter 27 – Reporting under Form No. 3CD: Clause 27 — CENVAT Credits and Prior Period Income or Expenditure –

Chapter 28 – Reporting under Form No. 3CD: Clauses 28 to 30C — Omitted Clauses, Section 56 Income, Hundi Transactions, Secondary Adjustment, Thin Capitalisation and GAAR –

Chapter 29 – Reporting under Form No. 3CD: Clause 31 — Loans, Deposits, Specified Sums, Specified Advances and High-Value Receipts/Payments –

Chapter 30 – Reporting under Form No. 3CD: Clauses 32 to 44 — Losses, Deductions, TDS/TCS, Quantitative Details, Deemed Dividend, Statutory Audits, Ratios, Tax Demands, SFT/CbCR and GST Expenditure Break-up –

Chapter 31 – Sector-Specific Risk Considerations in a Risk Based Tax Audit under Section 44AB –

Chapter 32 – Penalties, Deficiencies and Professional Misconduct Risks –

Chapter 33 – Quality Management, Peer Review and Future of Risk Based Tax Audit –

Chapter 34 – Standard Operating Procedure for Conducting a Risk Based Tax Audit