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If your return is selected for audit, do not panic and 

Check the notice: 

After receiving the audit notice, carefully read the reasons mentioned in the letter and the requested information.

Prepare Explanation and Documents: 

Prepare proper explanation and all supporting documents (e.g. bank statements, income tax certificates, vouchers, and other required documents) in support of income, expenses, assets, liabilities, and investments

attend a hearing  within 30 days of receiving the notice with the appropriate documents (bank statements, property documents, expense vouchers) [1, 3]. If there is a discrepancy in the taxpayer’s income and expenses or if there is a deficiency in the information, the audit can be settled by filing a revised return [12]. It is wise to seek the help of a professional tax consultant.

Filing a revised return: 

If errors or discrepancies are detected, it is possible to expedite the audit by filing a revised return before the hearing.

Attending the hearing: 

Explain the documents to the tax officer at the relevant tax office on the scheduled date and explain any discrepancies.

Professional advice: 

If the matter is complex, seek the advice of an income tax lawyer or a chartered accountant (CA).