IS ASSEESSEE COVER UNDER SACTION 44AB (a) OR UNDER SACTION 44AB (e) FOR AUDIT, IF TUROVER OF AN ASSEESSEE IS BEETWEN 1 CR TO 2 CR?
Menu
44ab with 44ad
Replies (1)
Till 2Cr turnover you have the option to use 44AD. And section AB(e) gives u a way to prevent audit in case u don't satisfy 6/8. % and you income is below max exempt from tax.
Recent Topic
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
- What would be my Salary
- Damage good
- INCOME TAX RETURN
- Form 10E doubt
- LTCG on property sale after 24jul2024
- Should we mention NET INCOME or GROSS INCOME in i
Related Topics
CAclubindia
