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Tax audit

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23 September 2014 a person carrying on agency business having
sales 30 lacs and np ratio 6.12 %
are liable to audit.

23 September 2014 no...agency services are not covered under 44AD. So no requirement for audit till the turnover is less than Rs 1 cr

24 September 2014 agency business is not covered u/s. 44 ad?? but now 44ad covered all businesses?




25 September 2014 Sir, you may refer to Section 44AD(6)(iii)

25 September 2014 nihkil is correct as agency business are not covered by sec 44AD



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