Audit QnA [Resolved]

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Nanu Gupta

This Query has 4 replies

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

This Query has 1 replies

09 September 2019 at 20:49

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

This Query has 2 replies

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

This Query has 1 replies

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

This Query has 7 replies

05 September 2019 at 11:47

Audit of an aop registered under societies act

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

This Query has 3 replies

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.