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Proprietorship Audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2010 Can anyone provide me the reference from
where proprietorship audit i.e.sec.44ab
comes into effect?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
12 October 2010 sec 44AB ( as per Income Tax Act) says about audit of accounts of every person whose turover increase the specified limit.


You pls. see the IT act.
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Ajay Mishra

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Ajay Mishra (Expert)
13 October 2010 Dear Friend


Please go to the following link:


https://wirc-icai.org/wirc_referencer/Income%20Tax%20&%20Wealth%20Tax/Taxation%20of%20Firms.htm


Regards
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