Nanu Gupta
12 September 2019 at 14:28

Tax audit

An assessee has turnover less than 1 crore and has loss. Under which section audit is carried out? 44ad or 44ab? Pls guide


ANMOL ANKITA
09 September 2019 at 20:49

Section relevant for audit

Assessee had always been eligible for audit until AY 2019-20 wherein his turnover is less than Rupees One Crore and Net Profit is more than 8% of turnover.
In order not to break the sequence of audit reporting, Assessee is interested to audit his books of account even for AY 2019-20.
Can the CA audit such a case?
If so, under which relevant section of the Income Tax Act shall he be eligible for Tax Audit?


P.B.1234
07 September 2019 at 14:17

Tax audit for fy 2018-19

Is there any possibility of extension of last date of the tax audit for the fy 2018-19?


CA KHUSHBU PATEL
07 September 2019 at 11:47

Udin category for trust audit report

URGENT....
ASSESEE IS A CHARITABLE TRUST NOT LIABLE TO TAX AUDIT. FOR ATTESTATION OF FORM 10B, UNDER WHICH CATEGORY I SHOULD GENERATE UDIN?
PLEASE HELP
THANK YOU.


Vaibhav Jain

Whether an AOP Registered under Societies Act having profit 225000 in FY 2018-19 is required to gets his account audited
1.if Yes which type of audit and form is required.
2.Whether any form is required to upload on ITD


Rajesh Sharma
30 August 2019 at 12:31

Tax audit

I Have done sale of 6.5.lacs in F.Y. 18-19 of as new partnership firm but i didn't want to file ITR u/s 44AD. My nett Profit is 8.05% before partner salaries. Is Tax audit required.


CA AJAY KUMAR AGRAWAL
29 August 2019 at 11:15

Udin

Is there any time limit for getting a UDIN? What is last date to get UDIN on Balance Sheet for FY 2018-19?


MEENAKSHI POKERA
28 August 2019 at 11:15

Regarding agriculture produce

DEAR SIR,

Is husk is agriculture produce or not?


SURABHI GUPTA

what is the last date of completing audit of private limited companies and when ITR is to be filled for this ?


Dhananjay Jitesh Pandey
21 August 2019 at 12:04

Cost records and cost audit

Hello All,

I have a query.
Our company is engaged in the manufacturing of Telecom Equipments. As per cost record rules and the proviso to rule 3 under the Companies Act, 2013, if a company falls under the classification definition of Small Enterprise as per MSME act, then Maintenance of Cost Records is not required. Our company falls under this exemption criteria as our investment in Plant and machinery is less than Rs. 5 Crores but more than 25 lakhs, although we dont have MSME registration or Udyog Aadhaar Registration.
Considering the said exemption is the maintenance of cost records and cost audit applicable to us. ?

Thanks,
Dhananjay Jitesh Pandey
Company Secretary





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