Loss under 44ad reqd to get audit or not?
This query is : Resolved
22 January 2014
If a firm is incuring losses and is under 44AD, does it require to get its account audited by CA. Kindly reply refering relevant section and case law if any.
Thanks in advance
22 January 2014
Hi
Yes. Pl refer
http://www.charteredclub.com/section-44ad/
Thanks
Yes. Pl refer
http://www.charteredclub.com/section-44ad/
Thanks
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