Audit u/s 44ab

This query is : Resolved

Ajaykumar Chaudhary (Querist)
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06 January 2014 Dear Experts,

We have one company in which no transaction was conducted during A.Y. 13-14. Statutory audit already done and there's no Tax Audit. At the time of filing of IT return, should we select YES at applicability of audit U/s 44AB?

Should we need to upload audit report through our statutory auditor?

Kindly guide me at the earliest.

CA Hardik Bunha

CA Hardik Bunha (Expert)
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06 January 2014 no, you have to not select yes for applicability of audit u/s 44ab.

file return as normal return.

it is not compulsory to file return through statutory auditor in your case.

Ajaykumar Chaudhary

Ajaykumar Chaudhary (Querist)
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06 January 2014 Dear Sir,

Thanks too much for your valuable guidance.

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