Tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2016
Dear Experts
Pls clarify weather tax audit u/s 44AB will be applicable on 1 crore or more then 1 crore
Thanks in Advance
Pls clarify weather tax audit u/s 44AB will be applicable on 1 crore or more then 1 crore
Thanks in Advance
Amol S Joglekar
(Expert)
07 November 2016
the words used in the section are EXCEEDS 1 crore.
So? exact 1 crore ....no tax audit
above 1 crore.... tax audit is applicable
So? exact 1 crore ....no tax audit
above 1 crore.... tax audit is applicable
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