Proprietorship Audit

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Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2010 Can anyone provide me the reference from
where proprietorship audit i.e.sec.44ab
comes into effect?

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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12 October 2010 sec 44AB ( as per Income Tax Act) says about audit of accounts of every person whose turover increase the specified limit.

You pls. see the IT act.

Ajay Mishra

Ajay Mishra (Expert)
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13 October 2010 Dear Friend

Please go to the following link:

http://wirc-icai.org/wirc_referencer/Income%20Tax%20&%20Wealth%20Tax/Taxation%20of%20Firms.htm

Regards

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