Provsions of 44ad

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 September 2017 Say one of my client, whose Turnover is below 1 Crs submits by estimation of 8% as per Provisions of Sec 44AD and next A.Y also hisTurnover is below 1.5 Crs and opts for Tax Audit U/S 44AB.
My Question is Once he Opts for Sec 44AB, Is it compulsory for him to get Audit for Subsequent 5 Yrs ??

Thank you in Advance

25 September 2017 Yes. Inference - section 44AD(4).

25 September 2017 Yes... It's compulsory get tax Audit...

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 October 2017 Thank you Very much

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 October 2017 Yes, once you opt for TAX AUDIT you have to get audit for Year Compulsorily


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details