Succession and inheritence
This query is : Resolved
27 September 2015
my client is passed away on 30/9/2014,and his business was carried by his son. turnover till 30/9/2014 was 70 lakhs and from 1/10/2014 to 31/3/2015 it is 80 lakh. Is the assessee is covered u/s 44AB ,to get his a/cs audited.
27 September 2015
assuming the business to be a PROPRIETORY business : It is not covered for tax audit.
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
- Income tax return change regime form necessary or not?
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Resignation of auditor and appointment and cfss
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Machinery taking back from repair work shop
- Clarification on 15% Saudi Withholding Tax and Refund Eligibility
- Partnership firm under Section 44AD
- Partner retired
- I have sent ITR to CPC and delivered in due date , but portal itr status not updated
- New old regime
- Tax Audit Mandatory or Optional
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
