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Digital signature mendetaory fo 44AD

Notices & Assessments 1197 views 3 replies

Is Digital Signature is Mendatory fo Audit U/s 44 AD??

Replies (3)

is there any audit under 44AD? as audit is refered under s/44AB, and every audit case is subject to digital signature w.e.f 1st july 11

No.. there is no requirement for Digital Signature :)

As per 44AD(5), an assessee who claims that his  profits and gains from the eligible business are lower than the profits and gains specified U/s 44AD(1), he should maintain books and should get his accounts audited U/s 44AB and hence it becomes audit U/s44AB, which makes digital signature mandatory to file return of income of such an assessee.


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