Audit coverd u/s 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2011
one of my client is proprietor and having turnover below 60lacs n his profit is below 8 %.so he is require audit his books.now my question is that is there any diff.b/w regular audit and audit report or not.n if yes then plz give me any format ..thanks in adv
12 July 2011
Audit under section 44AB of the IT Act,1961 is required. Audit report should be in form 3CB and certain details has to be furnished in form 3CD.
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2011
thanks sir
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