44ad
This query is : Resolved
05 March 2016
If a person want to opt for presumptive income us 44ad And he want to show his income less than 8%. Then the audit performed by the auditor us 44AD will count in ceiling limit(60) of auditor or not. Please give advice
05 March 2016
Yes it wlll be included in 60 limit
07 March 2016
Please follow the link....
https://abcaus.in/icai/taxauditlimitincreasedtosixty.html
https://abcaus.in/icai/taxauditlimitincreasedtosixty.html
19 March 2016
Sir when I search it online some site shows that it is not included in audit ceiling limit
19 March 2016
Please clarify
19 March 2016
Dear Sir,
it will not included in the limit of 60. please follow the link which i suggested earlier.
it will not included in the limit of 60. please follow the link which i suggested earlier.
19 March 2016
I agree with Jaymin. I advised wrongly. It will not be counted in limit of 60. Sorry for any inconvenience cause due my wrong advise. Regards
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