yes ........no not at all
Menu
Section 44 AB
Not Liable
As Per Sec 44AB in case of any entity whoes Gross Turnover of a Previous Year exceeds 40 lacs then they are responsible to get their books of accounts audited.
Applicability of TAX audit should be verified in respect of each previous year. Now in any previous year Gross turnover does not exceeds 40 lacs then they do not have to audit their accounts.
Gross turnover includes VAT, Service Tax & Excise duty.
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
