In case of a violation of the 5 year continuous following of Sec 44AD,for the next 5 years from year of violation, the assessee shall maintain books and be required to get an audit done.
My query is,under which section is this audit mandated? Is it u/s 44AB or 44AD?
Thank you.
Menu
Tax audit u/s 44AD.
Replies (3)
u/s. 44AB(e) of IT act..
Thank you very much.
44AB section only
not 44AD
not 44AD
Recent Topics :
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
Related Topics :
CAclubindia
