Sec 44ab
This query is : Resolved
Dulal Chatterjee
(Querist)
22 October 2013
Dear Experts,
A pvt ltd co. engaged in security service business and its gross receipts is 90 lakhs during F.Y 2012-13. % of Profit worked out as under :
Profit before direcor's remuneration is 8.5%.
Profit after director's remuneration is 4%
In this case is co liable to get audit u/s. 44AB or not?
In the case of ROC what will we do?
Please suggest.
Regards,
Dulal Chatterjee
A pvt ltd co. engaged in security service business and its gross receipts is 90 lakhs during F.Y 2012-13. % of Profit worked out as under :
Profit before direcor's remuneration is 8.5%.
Profit after director's remuneration is 4%
In this case is co liable to get audit u/s. 44AB or not?
In the case of ROC what will we do?
Please suggest.
Regards,
Dulal Chatterjee
CA Pallav Singhania
(Expert)
22 October 2013
The turnover of the company is less than 1 crore,
No Tax Audit...
No Tax Audit...
22 October 2013
Fully agreed with ans of aryan ji...
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