Home > Income Tax Act 2025 > Section-63Last Updated: Sep 25th 2025
Section-63 provides for tax audit and also provides for auditing of books account by specified accountant under certain conditions. Learn to understand the section-63 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Sl No. | Conditions for getting books of account audited |
---|---|
A | B |
1 | Every person––
|
2 | If the person is carrying on business or profession, referred to in section 58(2) or 61(2) (Table: Sl. No. 4 and 5) and the profits and gains from such business or profession are claimed to be lower than the deemed profits as referred to in the said sections. |
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.