Tax audit u/s 44ab

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2014 As last year, the assesee falls under the tax audit.but during financial year13-14 the receipts were below the tax audit limit.

so kindly tell me whether is it mandatory to do tax audit once we fall under the audit.


Regards
Ritu Raj.

22 July 2014 No need of tax audit in FY 13-14 if 'profits and gains of business; is not less than 8% of the gross receipts.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2014 Thanku Sir...............

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2014 Thanku Sir...............


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details