private ltd company and 44AD
Priyanka (Chartered accountant) (367 Points)
02 November 2017Priyanka (Chartered accountant) (367 Points)
02 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 02 November 2017
" Can it very well declare profit below 8% with proper maintenance of book of account ? is there any need for tax audit"
NO; PROVIDED TURNOVER WITHIN SPECIFIED LIMIT AS PER SECTION 44AB OF I T ACT, 1961
Priyanka
(Chartered accountant)
(367 Points)
Replied 02 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 02 November 2017
YES, BUT statutory-audit-mandatory-under-companies-act-2013
Priyanka
(Chartered accountant)
(367 Points)
Replied 02 November 2017
RAJA P M
("Do the Right Thing...!!!")
(127142 Points)
Replied 02 November 2017
Originally posted by : Dhirajlal Rambhia | ||
YES, BUT statutory-audit-mandatory-under-companies-act-2013 |
RAMESHKUMAR
(Student)
(114 Points)
Replied 19 December 2017
below 8 % of Gross Receipts to be opt for 44AB sir,
How is it possible to unaudit this case
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"