44AB

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student (Querist)
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17 December 2009 assessee (Mr A) has 5 business i.e. sorce of income
1. manufacturing cigrattes--35 lac
2. manufacturing toys---15 lac
3. retailer------40 lac
4. profession----38 lac
5. services (supporting)--4 lac

for calculating limit of 40 lacs whether all should be clubbed or only business of same nature should be clubbed & 3 audit reports should be prepared (1 for 2 manufacturing bs+1 for retail+1 for professon+servics)+(1 computation for all)?????????????????

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 December 2009 One 3CB and five 3CD's is my suggestion.

student

student (Querist)
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17 December 2009 sir so whether u have calculated limit of 40 lacs separately for above 5 sources or combined limit i.e. if professional---28 lacs only then only we have to submit all reports (5)

Pawan Jajoo

Pawan Jajoo (Expert)
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17 December 2009 limit of all above sources need to be calculated as combined limit. and I am different with Mr. B. Chackrapani Warrier as u have to file 5 3CB & 3CD.

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