Query about tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 August 2013
What is Tax Audit and what is the procedure for uploading the ITRs of the assesses having the Tax audit.
29 August 2013
if business turnover more than 1 crore in case of professional if gross receipts more than 25 lakhs they supposed to get their books of accounts audited with a chartered accountant under section 44AB
.
.
And as per Notification 34/2013 dated 01.05.2013 Mandatory to file tax audit report online
.
.
Procedure can be find here with
https://icaiahmedabad.com/PPT-Reg-n-E-File-Process-CA-Kuntal-Shah.pdf
.
.
And as per Notification 34/2013 dated 01.05.2013 Mandatory to file tax audit report online
.
.
Procedure can be find here with
https://icaiahmedabad.com/PPT-Reg-n-E-File-Process-CA-Kuntal-Shah.pdf
Message likes :
1 times
29 August 2013
Audit carried on U/s 44AB is known as Tax Audit and is applicable when the turnover or gross receipts in the business or profession exceeds a certain limit. The audit provision also becomes applicable to those assessees also who can not declare profit at the prescribed rate on turnover/gross receipts.
.
The procedure for uploading ITR includes uploading of the Audit Reports and Balance Sheet P&L Account along with the ITR of the assessee which is uploaded by digitally signing the ITR by the assessee. The procedure is handled by a CA.
.
.
The procedure for uploading ITR includes uploading of the Audit Reports and Balance Sheet P&L Account along with the ITR of the assessee which is uploaded by digitally signing the ITR by the assessee. The procedure is handled by a CA.
.
Message likes :
1 times
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
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Sale of Mutual Funds In Diffirent Financial Years
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- DUE DATE FOR ITR FILING
- Residential status of non resident
- Reporting in TDS return
- Traces submitting correction statement error
- Short Term Gain Reporting ITR
- Taxation on Old jewellery sold
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
