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.
Amol S Joglekar
(Expert)
27 September 2015
assuming the business to be a PROPRIETORY business : It is not covered for tax audit.
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