Sec 44 AD
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2011
Please confirm
1) Ceiling of 45 Audit U/s 44 AB is also applicable for Sec 44 AD.
2) Specified last date for audit and filling of return u/s 44 AD.
3) whether reporting formate is same as u/s 44 AB.
1) Ceiling of 45 Audit U/s 44 AB is also applicable for Sec 44 AD.
2) Specified last date for audit and filling of return u/s 44 AD.
3) whether reporting formate is same as u/s 44 AB.
30 June 2011
If 44AB gets attracted then all normal provisions of Income Tax relating to business income gets attracted, Sec 44AD will have no applicability then,,
30 June 2011
1. Yes sure ceiling of audit limit will be applicable.
2. last date for submission of ITR 31 St July,
3. Return form will be ITR -4S it talking about audit report and tax audit then it will be same as per other case.
4. In case of partnership firm it will be better to file the ITR 5
2. last date for submission of ITR 31 St July,
3. Return form will be ITR -4S it talking about audit report and tax audit then it will be same as per other case.
4. In case of partnership firm it will be better to file the ITR 5
01 July 2011
ICAI General Guidelines,2008 dated 8/8/2008 says, the audit conducted under section 44AD of the Income tax Act,1961 shall not be taken into account for the purpose of reckoning the 'specified number'(45 audits) of tax audit assignments.
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
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- Scrutiny assessments u/s 143(2) for AY 25-26
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Off Market debit and credit transaction
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
