Tax audit query

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2013 Dear sir,

I Like to ask if the Private Limited Companies Turnover is less than 1 crore in case of Business , whether the company has to e-file Audit Report 3CA & 3CD as applicable from F.y 2012-13 or it has to file e-return only.

As Companies has to do Audit Compulsory as per the companies Act, 1956.

Nitesh Parmar

Nitesh Parmar (Expert)
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14 September 2013 As sec. 44 AD not applicable to company then it is required to get audit only when turnover is more than 1 cr.

Message likes : 1 times

CA Pallav Singhania

CA Pallav Singhania (Expert)
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14 September 2013 In your case Sec 44AB not be applicable, Hence no Tax audit..

Form 3ca and 3cd are part of tax audit and not of audit under companies act. .

But you have to file your return under appropriate ITR..

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