banner_ad

is it applicable for tax audit U/s 44ab

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 July 2011 A PARTNER SHIP FIRM DOING ACTIVITY OF PURCHASE OF RM FROM OUT SIDE AND JOB WORK FROM OTHEROUT SIDE AND MAKE PLASTIC SPOON AS FINAL PRODUCT. IT'S TOTAL TURN OVER WAS 4400000/- PREVIOUS YEAR IS IT APPLICABLE FOR TAX AUDIT U/S 44AB?
Profile Image

CA KRISHNA KUMAR DARUKA

Profile Image

CA KRISHNA KUMAR DARUKA (Expert)
05 July 2011 If the turnover is less than 60 lakhs audit u/s 44AB is not required but provisions of section 44AD has to be kept in mind regarding minimum 8% profitability.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details