Kindly clear that the newly inserted section 206C(1) is applicable on all asseesee's and who get their books audited u/s 44AD below 1 Crore. It is clear to me that it is applicable on all audited firms
01 July 2016
Sir Ji you mean to say Only 44AB and audit under 44AD is not applicable or out of this sections and everyone is out of this who has not get their books audited.