Consequences of return filing procedure shifing from 44ab to 44ad
Ajay Kumar (Student) (24 Points)
25 June 2016Ajay Kumar (Student) (24 Points)
25 June 2016
CA. Karthik Reddy MNS
(Practicing Chartered Accountant)
(92 Points)
Replied 28 June 2016
As of my knowledge,there is no rule that once assessee has complied 44AB,he shall comply every year.Suppose he has complied 44AB in year-1 and the very next year his turnover is less than 1 crore he may free to opt 44AD.but you shold consider 44AA.
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