44AE vs. tax audit under 44AB

This query is : Resolved 

26 July 2008 Assessee having less than 10 truks and gross t/o or receipt exceed 40 lakhs.will assesse liable for tax audit ?

26 July 2008 no you will file presimtive income rs.3500 per heavy truck us 44AE

26 July 2008 no you will file presimtive income rs.3500 per heavy truck us 44AE


26 July 2008 No, in the instant case the assessee is not liable to get his accounts audited u/s 44AB

26 July 2008 Limit for Tax Audit is for Sec44AD and 44 AF



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