Tax audit is a crucial annual compliance requirement, necessitating the preparation of Form 3CD which entails critical analysis of books of accounts and financial statements. This process can be time-consuming and challenging for organisations due to the complexity and volume of data required from numerous sources.
Our ‘Tax Audit’ solution offers a comprehensive web-based solution that streamlines the reporting requirement of tax audit compliance in a timely manner. By automating data collation and processing through direct integration with ERP systems, manual data entry is eliminated, thus saving time and efforts. Additionally, it provides the auditor with direct access to information through the tool, eliminating sharing of sensitive information over email.
Read our publication to learn more about how our ‘Tax Audit’ solution can simplify the tax audit processes for organisations.