Tax audit query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 September 2013
Dear sir,
I Like to ask if the Private Limited Companies Turnover is less than 1 crore in case of Business , whether the company has to e-file Audit Report 3CA & 3CD as applicable from F.y 2012-13 or it has to file e-return only.
As Companies has to do Audit Compulsory as per the companies Act, 1956.
I Like to ask if the Private Limited Companies Turnover is less than 1 crore in case of Business , whether the company has to e-file Audit Report 3CA & 3CD as applicable from F.y 2012-13 or it has to file e-return only.
As Companies has to do Audit Compulsory as per the companies Act, 1956.
Nitesh Parmar
(Expert)
14 September 2013
As sec. 44 AD not applicable to company then it is required to get audit only when turnover is more than 1 cr.
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CA Pallav Singhania
(Expert)
14 September 2013
In your case Sec 44AB not be applicable, Hence no Tax audit..
Form 3ca and 3cd are part of tax audit and not of audit under companies act. .
But you have to file your return under appropriate ITR..
Form 3ca and 3cd are part of tax audit and not of audit under companies act. .
But you have to file your return under appropriate ITR..
Ganeshbabu K
(Expert)
14 September 2013
No need to file form 3CA,3CD as tax audit not applicable to you,,simply file income tax return
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