Audit
This query is : Resolved
Querist : Anonymous
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
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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