IS COMPANY IS LEGALLY BOUND TO GET AUDIT THEIR ACCOUNTS UNDER SECTION 44AB
Menu
Section 44AB
Replies (4)
yes company is legaaly bound u/s 44AB
yes.... obviously...
no.. audit is required only when the turnover exceeds the prescribed limit under sec.44AB of Income tax act... but under companies act every company is required to get audited... doesnt matter about the turnover under companies act...
Yes !
Otherwise penalise under section 271B
Recent Threads
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
Related Threads
CAclubindia
