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Querist : Anonymous

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Querist : Anonymous (Querist)
24 September 2011 Audits conducted under 44AB bcoz of profits shown under 8% of turnover as per 44AF....
Will the audits will be considered for 45 tax audits allowed per CA
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CA Divyesh Sodha

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CA Divyesh Sodha (Expert)
25 September 2011 No. Dear now not sec. 44AF nut its 44AD. The same will not be considered in total limit of 45 tax audits.
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
25 September 2011 Yes, As per Notification by ICAI, Section 44AD Audit are Not included in Limit provided.
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
26 September 2011 The experts have correctly pointed out that the limit is not applicable for 44AD

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