Section 44ab

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Querist : Anonymous

Querist : Anonymous (Querist)

23 September 2013 What are the requirement of a Private limited to File 3CD REPORT?
also if the director is a Docter (professional) & other in a NoN professional director from the beinging of incorporation.
It Doesn't fall in the limit of 1 crore also.
Do we have to file 3CD as well??

Ashwani Narnoli

Ashwani Narnoli (Expert)
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23 September 2013 The main criteria is the turnover. If it exceeds the limit tax audit will have to be done. Director does not matter, it is the nature of business that decides whether it is a business or profession. So, accordingly the limit would be decided. If it falls within the limit then forn 3 CA and 3 CD would be required to be filed.

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