No of tax audit

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Querist : Anonymous

Querist : Anonymous (Querist)

08 August 2011 A CHARTERED ACCOUNTANT CAN SIGHN 45 TAX AUDIT IN A YEAR.NOW IF A FIRM TURNOVER IS LESS THEN 60 LAKHS , BUT HE WANT TO DO AUDIT , THEN WOULD BE ADDED IN THAT COUNTING (45 LIMIT)..........URGENT & IMPORTANT ....

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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08 August 2011 44AD Audits will not be included in the limit of 45 Audits.

(AD. MEANS ADDITIONAL AUDITS-)

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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08 August 2011 Agreed , 44AD Audits not include in 45 limit.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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09 August 2011 ICAI General guidelines 2008 dated 8/8/2008 says, audit of assesses covered under presumptive taxation will not be counted for the threshold limit of tax audit u/s 44AB of the Income tax Act,1961.

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