Tax audit u/s 44ab

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2014 As last year, the assesee falls under the tax audit.but during financial year13-14 the receipts were below the tax audit limit.

so kindly tell me whether is it mandatory to do tax audit once we fall under the audit.


Regards
Ritu Raj.

22 July 2014 No need of tax audit in FY 13-14 if 'profits and gains of business; is not less than 8% of the gross receipts.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2014 Thanku Sir...............


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2014 Thanku Sir...............



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries