banner_ad

Section 44 ad and 44ab

This query is : Resolved 

22 October 2013 if assesse has more than one bussiness ?


and some bussiness covered under 44AD and some bussiness covered undeR AUDIT.

BUT CAN ASSESS MAINTAINED BOOKS FOR SECTION 44AD ALSO.?

AND IF NOT REQUIRED MAINTAINED FOR SEC 44AD SO HOW EFFECT UNDER AUDIT IN SEC.44AB FOR OTHERR BUSSINESS

22 October 2013 Yes there is an option that if sec 44AD is invoked then assesee need not maintain books.

The transaction under 44AD books will be sep done and for other business only 44AB books will be considered for tax audit.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details