Tax audit versus income tax return filing what is the difference of this two then what is the benefit of tax audit presumptive method?? could you please explain me
sec 44 ad ,44ada and 44ade plse also explain
Menu
Both Difference........
Replies (1)
Income Tax Return filing is based on BEL where as tax audit depends on turnover , net profit %, loss etc ..
ITR filing can be done for senior citizens also where as Tax Audit reports for business enterprises only
ITR filing can be done for senior citizens also where as Tax Audit reports for business enterprises only
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
