tax audit of individual
This query is : Resolved
nikunj mehta
(Querist)
08 October 2010
there is a clientele who carries on 2 - 3 business
off the above only 1 business falls under the category of being audited u/s. 44AB
so do one have to report about other buusinessess too in the tax audit report
off the above only 1 business falls under the category of being audited u/s. 44AB
so do one have to report about other buusinessess too in the tax audit report
sudhakar ca cwa
(Expert)
08 October 2010
it those business were in his name then he need to report and turnover is the sum of all business he have
17 October 2010
If the assessee is an individual, all the business has to be audited meaning thereby one form 3CB and different 3CD has to be furnished.
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