Notice U/S 148

One of my client received notice from IT department U/S 148 for the A.Y 2015-16.

For which he had not filled return, but gross receipts of that a.y. was approx 2 crore. Now my quarry is whether the account need to get audited by CA, to file return U/S 147???? Or i simplel upload the return??

Replies (3)
Quick Summary
If your client has received a Notice U/S 148 for AY 2015-16 and did not previously file a return, despite gross receipts of approximately £2 crore, an audit is likely required. You will need to have the accounts audited by a Chartered Accountant and submit the audit report along with the return.

You have to file audited books and return.
Audit the accounts

Audit report also filled before submission of return.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register