A public company which is not required to gets its accounts audited under 44AB of IT Act, because it's turnover is only Rs. 60 lakhs, then, what will be the due date to file its return?
Menu
Return filing due date-Public Company- 44AB n/a
Replies (8)
it is immaterial with turnover as it is a company it is compulsory to audit the book
Is tax audit mandatory even if turnover less than 1 cr for a co
Yes as it is a company
due date is 30.09 irrespective of turnover or income Or loss.
Means irrespective of whether tax audit applicable or not due date of filing return is 30 Sept na?
as per income-tax act only persons whose total turnover is more than 1 cr (for individual huf firm it's up to 2 crores) are liable to audit their books. however being a company it's mandatory to audit its books as per companies act irrespective of turnover
Yes.. Due date is 30.09
good clarification and information
Recent Threads
- LONG TERM CAPITAL GAIN ON SALE OF SHARES AND SECUR
- Ppf and tax free bond under which header
- Laid off employee deductions admissible on severan
- Duplicate Salary entry
- Tax audit applicability on fno, intraday
- NSDL and CDSL have not reported sales made on 28th
- Schedule FA table A2 - what to specify in amount?
- GST on Real Estate Developer | Construction Contra
- How to treat losses from f and o trading in itr
- ITR 44AD and Fno
Related Threads
CAclubindia
