Requirement of filing Tax Audit report for Sec 25 Companies

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This query is : Resolved

Sanitha (Querist)
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28 August 2009 Are Sec 25 companies required to file Tax Audit Report,were their turnover exceeds Rs.40 lakhs during the previous year,besides they have also registered under Sec 12AA of the Income Tax Act

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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28 August 2009 Tax Audit Report is required in this case.

You may not file it with the Return, but when assessing officer will require you have to produce the same.

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