This blog offers a thorough explanation of Section 245 of the Income-tax Act, 1961, which addresses appeals and dispute resolution in relation to income tax. The blog highlights the significance of this section in preserving taxpayer rights and guaranteeing an equitable and transparent process by outlining its contents, methods, and ramifications for taxpayers.

This blog post provides a detailed guide to tax audit applicability under the Income-tax law, including the criteria, exemptions, and penalties. A comprehensive chart is included for easy reference, making it a must-read for taxpayers and tax professionals.