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?

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.

13 October 2010 Dear Friend


Please go to the following link:


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


Regards


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