Tax Audit Applicability
Pushpadantha (Articleship Student) (44 Points)
20 September 2017Pushpadantha (Articleship Student) (44 Points)
20 September 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195199 Points)
Replied 20 September 2017
Yes.
Refer: Section 44AB(d):::
"[(d) carrying on the business shall, if the profits and gains from the business are deemed to be the profits and gains of such person under section 44AD4 and he has claimed such income to be lower than the profits and gains so deemed to be the profits and gains of his business and his income exceeds the maximum amount which is not chargeable to income-tax in any previous year,] get his accounts of such previous year audited by an accountant before the specified date and that date the report of such audit in the prescribed form duly signed and verified by such accountant and setting forth such particulars as may be prescribed"
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 20 September 2017
Yes...
I agreed to My dear Dhirajlal Sir...
Pushpadantha
(Articleship Student)
(44 Points)
Replied 25 September 2017
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)