Poonawalla fincorps
Poonawalla fincorps

Sec 44ab

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 October 2013 Dear Experts,

A pvt ltd co. engaged in security service business and its gross receipts is 90 lakhs during F.Y 2012-13. % of Profit worked out as under :

Profit before direcor's remuneration is 8.5%.

Profit after director's remuneration is 4%

In this case is co liable to get audit u/s. 44AB or not?

In the case of ROC what will we do?

Please suggest.

Regards,

Dulal Chatterjee
Profile Image

CA Pallav Singhania

Profile Image

CA Pallav Singhania (Expert)
22 October 2013 The turnover of the company is less than 1 crore,
No Tax Audit...
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
22 October 2013 Fully agreed with ans of aryan ji...
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links