Audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2014 my sales t.o. is 67 lacs and my profit ratio is less than 8%,

so i have to do audit but do its have format like tax audit u/s 44AB. or only certify ITR,Computation, P&L, BS and Annex is enough and we can count as audited.


thanks every experts

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Guest

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30 May 2014 yes you have to audit... and audit have same rules and forms required for everyone...

30 May 2014 you have to take audit report u/s 44AB with form 3CB and 3Cd .


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2014 but only compulsory audit has form 3cb and 3cd u/s. 44ab if t.o. is 1 crore

so if less then 1 crore required also audit u/s 44ab form 3cb and 3cd

31 May 2014 yes it is covered under 44AB. please refer to section 44AB(d)



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