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44AB

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Clarification regarding threshold Limit of tax audit under section 44AB and 44AD


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi the 20th June 2016 Sub Threshold Limit of tax audit under section 44AB and section 44AD clarificat

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CBDT extends ITR Due date to 30.11.2014


F No 153 53 2014 TPL Pt I GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES North Block TPL Division New Delhi the 26th September 2014 Order under section 119

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Guidance Note on tax Audit u/s 44AB of the Income-Tax Act, 1961 - Edition 2014


Guidance Note on tax Audit u s 44AB of the Income Tax Act 1961 Edition 2014 Detailed information has been attached herewith

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Revised Form 3CA-3CD & Form 3CB-3CD now available


Revised Form 3CA 3CD Form 3CB 3CD along wth updated with Schema is now available for e Filing Form 3CA 3CD Audit report under section 44AB of the Income tax Act 1961 in a case where the accounts of th

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Due date for furnishing audit report u/s 44ab extended to 30th Nov


F No 133 24 2014 TPL GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES Room No 147 B II North Block New Delhi the 20th August 2014 Order Under Section 119 of

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Experts Opinions

Audit of a company under section 44ab


Whether a Public Company having a turnover of less than 1 Crores is required to get its accounts audited under section 44AB

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Audit u/s.44ab?


A Medical Professional receives Rs 28 Lakhs as Fees from Profession services 194J from various hospitals for A Y 2016 17 on which TDS 10 Rs 2 8 Lakhs is already deducted My query is since the Gross Re

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Audit u/s. 44ab


One of my client has gross receipt of Rs 8Lac from his profession as a corporate trainer As this was his first year of business he has genuine expenditure of Rs 7Lac Whether the assessee can file his

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Income tax audit u/s 44ab


Sir Kindly tell us any change in audit reporting u s 44AB for A Y 2016 17 F Y 2015 16

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Tax audit requirement u/s. 44ad and 44ab ? (in case of loss


dear all partnership firm having sale of rs 30 lakh and net loss of rs 2 lakh for fy 2015 16 ay 2016 17 Whether is required to conduct audit u s 44AD of 44AB of income tax act however as per sec 44ad

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Discussion

Tax audit u/s 44ab

I am an individual maintaining books of accounts My business income is 2 50 000 p a My loss for the year is 15 000 I want to carry forward this loss to the next AY Do I need to conduct Tax Audit u s 4

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Tax audit for professionals u/s 44ab

One of my client has gross receipt of Rs 8Lac from his profession as a corporate trainer As this was his first year of business he has genuine expenditure of Rs 7Lac Whether the assessee can file his

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ITR4, Do i need to perform a 44ab audit ??

Hi All I have question My income from salary is 4 20 000 My Losses in intra day trading 37 000 Income from other profession Blogging 10 000 calculations as follows7500 revenue 3500 expense 13 000 depr

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Consequences of return filing procedure shifing from 44ab to 44ad

The assessee being a partnership firm previously filed the return of income under 44AB and now wants to file the return under 44AD as the turnover is less than Rs 1 Crore and net profit is more than 8

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Changes in sec 44ab-tax audit limits

Sec 44AB mandates that every person carrying on business to get his accounts of any previous year audited if total turnover or gross receipts exceed rs 1 crore however if tax payers opted for persumti

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File Download

  • Certificate of confirmation for the purpose of audit under section 44AB of the Income Tax Act, 1961 for the financial year 2014-15

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  • Appointment of Auditor for the purpose of Audit U/s 44AB

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  • MAT Provisions, Section 43B, Section 44AB

    This file contains MAT provisions Provisions of Section 43B and Provisions of Sction 44AB i e Tax Audit

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  • Gross Receipt u/s 44AB

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  • Extension of audit report submission

    Extension of audit report submission u s 44ab to nov 2014

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Articles

Is there a need to apply Fuzzy Logic in sec 44AB?


Sec 44AA of the Income tax Act stipulates about the compulsory maintenance of Accounts by Certain persons carrying on business or profession and return their income under the head Profits Gains of Bus


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Understanding of 44AB -Tax Audit


Introduction The main objects of any audit are a To certify to the correctness of the financial position as to shown in the Balance sheet and the accompanying revenue statements b The detection of err


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Some lights on sec 44AA, 44AB, 44AD


44AA MAINTENANCE OF BOOKS OF ACCOUNTS WHO SHOULD MAINTAIN a If a person carrying on business profession and income from such business profession has exceeded 1 20 000 in any of the three p y or curren


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Audit under section 44AB


I have discussed the various provisions with respect to section 44 AB below The following persons are liable to get their books of accounts audited compulsorily by a Chartered Accountant 1 A person ca


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Section 44AB - What if ITR not filed by Sep?


Dear Friends Everytime the deadlines approches there seems to be a lot of confusion over if the penalty 271B for failure to furnish the Tax Audit Report u s 44AB The confusion appears to have arisen d


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Updated on : 7/24/2016 6:53:07 PM


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