Audit

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Querist : Anonymous (Querist)
24 September 2011 Audits conducted under 44AB bcoz of profits shown under 8% of turnover as per 44AF....
Will the audits will be considered for 45 tax audits allowed per CA

25 September 2011 No. Dear now not sec. 44AF nut its 44AD. The same will not be considered in total limit of 45 tax audits.

25 September 2011 Yes, As per Notification by ICAI, Section 44AD Audit are Not included in Limit provided.

26 September 2011 The experts have correctly pointed out that the limit is not applicable for 44AD


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