Section 63 Tax Audit Explained: What Replaced Section 44AB in 2026
A client called me last week and asked, “My CA says I need a Section 63 audit now — but I thought the tax audit was under 44AB?” He’s not wrong to be confused. For over four decades, Section 44AB was the go-to reference for tax audits in India. From FY 2026-27 onward, that number […]
