Tax audit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 August 2013 I have Client Having Turn over is 81 lacs and profit is less than as per sec. 44AD presumption bases so it is required to audit u/s 44AB whether the audit assignment is calculate for 45 audit limit for me?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 August 2013 The assessee is required to get his accounts audited as per Section 44AD read with Section 44AB.

Accordingly such audit will be counted for the purpose of calculating maximum number of audits.