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Section 44ab and section 44ad of the income tax act,1961

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(Querist)
13 September 2011 Whether tax audit u/s 44AB is require for a firm furnishing loss return in terms of section 44AD?
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
13 September 2011 Yes, firm below 8 % profit are required to have compulsory tax audit u/s 44 AB
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Unnikuttan K R

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Unnikuttan K R (Querist)
14 September 2011 Whether below 8 % profit include loss return?




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