Applicability of 44ab
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2018
Dear Sir/Madam,
My Assessee (Partnership ) having turnover lessthan 1 Cr and Profit is less than 8%,He has not opted Presumptive Scheme for any of the previous years.So whether 44AB is applicable for the AY 2018-19??if applicable, on what ground??
My Assessee (Partnership ) having turnover lessthan 1 Cr and Profit is less than 8%,He has not opted Presumptive Scheme for any of the previous years.So whether 44AB is applicable for the AY 2018-19??if applicable, on what ground??
Nikhil Kaushik
(Expert)
05 September 2018
if the firm has been doing regular filings with books of accounts, audit won't apply in this case.
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
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Movement of goods by packers and movers - type of sale - Reg.
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Closer of business and itc of capital goods
- TDS Return Statement Status
- Appointment of Auditor By Form ADT-1
- RCM and same line
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
