Easy Office
LCI Learning

Regarding tax audit applicability

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 October 2022 If mr A has purchase of more than 1 crore and sales is of Rs 90 lakhs . is it laible for tax audit ? If yes then under which section 44AB(a) or 44AB(e) ?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
07 October 2022 Unless Mr A had declared any assessment u/s. 44AD in any earlier 5 years, no Tax audit applicable in PY.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links