No tax audit for co-operative societies

Radhakrishnan K.V. , Last updated: 28 December 2017  
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Co-operative Societies which are carrying on business or profession in India need not be subjected to tax audit as per the provisions of Income Tax Act 1961. This is evident from a mere reading of Section 44AB and Rule 6G. An analysis of the same is given hereunder. "Section 44AB. Every perso

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Radhakrishnan K.V.
(Taxation & Banking advisory)
Category Income Tax   Report

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