Easy Office
LCI Learning

44ab

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 September 2013 Sir,
I have company with nil Revenue and incurred some fixed expenses ( Loss Return ).Is it a Tax Audit u/s 44ab ?
What will be the consequences if no audit report submitted?
Profile Image

Nikhil Kaushik online

Profile Image

Nikhil Kaushik online (Expert)
21 September 2013 No...Tax audit is applicable only if the conditions set in 44ab are satisfied.

Profile Image

Ashwani Narnoli

Profile Image

Ashwani Narnoli (Expert)
21 September 2013 yes, agree with experts opinion
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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links