Compulsion of audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2012
I show my business income below 8% in income tax return, whether there is any liability to done my account audited under income tax, if yes then under what section.
18 August 2012
44AD, AE specify that in case the profit is below the limits mentioned in those sections, respectively, you need to get a certificate from CA ( auditor)in the form specified in that section.
18 August 2012
section 44AD(5)
18 August 2012
Pls tell me the nature of business..
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