is auditd (CA sighned) B/S required ???????


This query is : Resolved 

14 February 2010 is auditd (CA sighned) B/S required with submission of income tax return....

Rahul Gupta (Expert)
14 February 2010 No..Audited balance sheet need to be signed or audited only if it is in the limt mentioned u/s 44AB i.e turnover is more than 40 laks or if profession then receipts are more than 10 lakhs.

14 February 2010 Agree, not required if turnover in limit e.i. below Rs.40 laks or Rs.10 laks.

Ankur Garg (Expert)
15 February 2010 Agree with Expert Rahul.


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