Lessthan 8% profit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2014
Dear Experts,
I would like to ask a simple question,
if net profit is less then 8% of gross receipts then it is compulsory audit u/s 44ab requires ?
or if yes then what is the due date 31st July or 30 Sept ?
if my t.o is less than 1 crore than also require to file audit report with digital signature ??
I would like to ask a simple question,
if net profit is less then 8% of gross receipts then it is compulsory audit u/s 44ab requires ?
or if yes then what is the due date 31st July or 30 Sept ?
if my t.o is less than 1 crore than also require to file audit report with digital signature ??
Nikhil Kaushik
(Expert)
01 June 2014
due date shall be 30 september.
DSC for the entity is not required.
DSC for the entity is not required.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
