banner_ad

Tax audit

This query is : Open 
Profile Image

Profile Image

(Querist)
02 October 2017 A COMPANY MADE PROFIT IN FY 15-2016 AS PER BOOK (CO ACT) BUT LOSS IN CASE OF INCOME TAX ( DUE TO DIFF IN DEP)
IN THAT CASE IS TAX AUDIT UNDER 44AB OR 44AD WILL APPLICABLE OR NOT
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
02 October 2017 Yes...
Tax Audit Required u/s 44ab...
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
02 October 2017 Tax audit applicable u/s 44AB only when the turnover exceeds 1 crore.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
02 October 2017 Company is not eligible to opt 44AD. Eligible assessee's are individual, HUF or partnership firm.
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
02 October 2017 Dear Experts.,

It's going to Loss...?
Profile Image

CA Mohit Kumar

Profile Image

CA Mohit Kumar (Expert)
02 October 2017 if turnover is less than 1 cr then tax audit is not required
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details