24 August 2011
i want to know that our dealer has turnober below 60 lakhs in f.y. 10-11 but the net profit is less than 8% so we have to audit our account.but i want to know that if audited our account as per income tax section 44AD and filed our e rturn so digital signature is required while filing the ereturn or not.
24 August 2011
Digital Signature Certificate made mandatory w.e.f 1st July 2011 for Firms and Individuals whose accounts are required to be audited u/s 44 AB of the Income Tax Act' 1961.
CAclubindia
