if a person has a turnover of 27lakhs and a gross loss of Rs.80000 in his business is he required to carry out audit u/s 44AD? he has no other income other than sb interest of around 5000. pls reply at the earliest.
A prop. died on 30 august 2013. His books are to be audited and tax audit report is to be filed.
I want to know his report will be filed under whose PAN.
Moreover, his wife does not have a PAN and his children are minor.
plz reply
A is a manufacturing proprietory concern with a sale of 98 lakh rupees . Its net profit is 5%. Is audit mandatory or not
While filling 3CB In Sl No- 10 presumptive basis section is not mention by mistake whether calculating ceiling on limit of 45 it will count with in 45 limit as the assesses turn over is less than 1 Cor.
Can auditor file revised 3CB to rectify the same to used presumptive basis Section.
ceiling limits of audits of ca
dear sir
Mr.X have doing business of traveling and following information is furnished in AS 2012-13.
Turn over 51 lacs
net profit Rs.76000
is he liable to audit and maintain books
according to sec 44AD if net income is not exceed to slab than it does not rerquired to audit is it true?
thanks
Please,can Anyone tell me depreciation rate on software as per company act 1956 for F.Y 12-13.
Thanking You.
Dear Experts,
A CA firm having two partner, One is full time COP Holder and other is Part time COP holder. what is the ceiling limit of Tax Audit u/s 44AB.
Whether it is 45 or 90..?
And also suggest me whether all audit report of firm can be sign by one partner only?
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44ad audit