03 December 2008
If a single proprieotor is having 3 proprietory concern, so for calculating tax audit limit for signing the report will it be counted as 3 or 1. please reply
04 December 2008
It is the person who is supposed obtain the Tax Audit Report u/s 44AB of the Income Tax Act. Only one report should be given for a person. For the purpose of limit it should be counted as one audit only.
CAclubindia
