Sir,
When a client declares income less than that amount specified in Sec 44AD and Sec 44AE he is subject to tax audit u/s 44AB. Whether this audit u/s 44AB is included in the tax audit limit of 45 specified by the council guidelines?
Sir,
When a client declares income less than that amount specified in Sec 44AD and Sec 44AE he is subject to tax audit u/s 44AB. Whether this audit u/s 44AB is included in the tax audit limit of 45 specified by the council guidelines?
NO, they are not considered for Ceiling Limit
For More refer this Link
https://www.icai.org/new_post.html?post_id=7577&c_id=219
Thank you prakash.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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