Audit report
This query is : Resolved
24 June 2013
please help me
at the time of filing audit report how can i compute tax audit limit of 45 as audit report is required in case of audit u/s 44ab and 44ad where income is below 8% of gross turnover...
at the time of filing audit report how can i compute tax audit limit of 45 as audit report is required in case of audit u/s 44ab and 44ad where income is below 8% of gross turnover...
24 June 2013
Audits conducted under Section 44AD of the Income Tax Act, 1961 shall not be taken into account for the purpose of reckoning
“specified number (ie.,45)" of tax audit assignments.
Courtesy:-
ICAI Council General Guidelines,2008.
“specified number (ie.,45)" of tax audit assignments.
Courtesy:-
ICAI Council General Guidelines,2008.
Message likes :
1 times
25 June 2013
but sir at the time of filing itr online, how can i by bifurcate report file under 44ad and 44ab as audit report is also filed where profit is less than 8%
14 July 2013
Going to be a controversy. Please read an article in https://taxguru.in/income-tax/efile-44ad-tax-audit-report.html
Further ICAI has requested to hoist difficulties of e- filing. Please see the link
https://taxguru.in/chartered-accountant/icai-requests-members-share-difficulties-faced-efiling-tax-audit-reports.html
Further ICAI has requested to hoist difficulties of e- filing. Please see the link
https://taxguru.in/chartered-accountant/icai-requests-members-share-difficulties-faced-efiling-tax-audit-reports.html
Message likes :
1 times
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- FEMA regulation Act. for inward remitance
- Rental income of jointly held property
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
