Is Audit U/s 44AB compulsary for every company????


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Querist : Anonymous

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Querist : Anonymous (Querist)
16 September 2010 No trading/business activity in company during the year and fill a return of loss of RS 10150(which is total of only RoC exp & other exp)....Are liable to Audit U/s 44AB....

16 September 2010 Statutory Audit is Compulsory but not the Tax audit

16 September 2010 Since there is no turnover... section 44AB will not apply

16 September 2010 Agreed with expert Mr Jha.

16 September 2010 Agreed....

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2010 thanks to all


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