Section 44AB
This query is : Resolved
28 September 2008
As per setion 44AB tax audit is done if turnover is more than 40 Lakhs ( Business) and 10 Lakhs (Professional).
What are the other conditions in which Tax Audit is compulsory?
Please give some illaborate information on this topic.
If possible mention the Laws(Acts) related to these conditions?
Thanks
What are the other conditions in which Tax Audit is compulsory?
Please give some illaborate information on this topic.
If possible mention the Laws(Acts) related to these conditions?
Thanks
28 September 2008
for e.g 44AD,44AE,44AF ,if presumptive rate of income is not accepted.
29 September 2008
Assessee carrying on business referred to u/s 44AD/AE/AF/BB/BBB and declaring lower income than prescribed.
30 September 2008
Sir,
Is there any condition for tax audit, if purchases or sale increase some specified limit.
Is there any condition for tax audit, if purchases or sale increase some specified limit.
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Consolidated financials
- TDS on TRUST
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Section 50-fixed asset-->building ceases to exist
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
