Amendment in section 44ab(d)
This query is : Resolved
24 September 2017
As per amendment in section 44AB(d) does the persons having turnover of less than 1 crore require to get accounts audited if his turnover is less than 8.??
24 September 2017
U/s 44ab (d):
carrying on the business shall, if the profits and gains from the business are deemed to be the
profits and gains of such person under section 44AD4 and he has claimed such income to be lower
than the profits and gains so deemed to be the profits and gains of his business and his income
exceeds the maximum amount which is not chargeable to income-tax in any previous year,] Account ll be Audit required...
profits and gains of such person under section 44AD4 and he has claimed such income to be lower
than the profits and gains so deemed to be the profits and gains of his business and his income
exceeds the maximum amount which is not chargeable to income-tax in any previous year,] Account ll be Audit required...
25 September 2017
Sir this has been ammended please refer the act
25 September 2017
Now this clause talks about section 44ADA
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
