Tax audit limit
This query is : Resolved
19 September 2011
Sir,
When a client declares income less than that amount specified in Sec 44AD and Sec 44AE he is subject to tax audit u/s 44AB. Whether this audit u/s 44AB is included in the tax audit limit of 45 specified by the council guidelines?
When a client declares income less than that amount specified in Sec 44AD and Sec 44AE he is subject to tax audit u/s 44AB. Whether this audit u/s 44AB is included in the tax audit limit of 45 specified by the council guidelines?
Dintakurthi Tirumala
(Expert)
19 September 2011
Yes it also consider for no of tax audits purpose.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
19 September 2011
No. Pl refer ICAI General Guidelines ,2008.
Dintakurthi Tirumala
(Expert)
20 September 2011
Yes Mr.B.chackrapani sir is correct i forget that guidelines. i am sorry.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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