Audit under section 44AB in some cases
Rajat Sharma (499 Points)
28 September 2021Rajat Sharma (499 Points)
28 September 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177961 Points)
Replied 28 September 2021
Tax audit will be applicable only if it satisfies any criteria which is specified in the section 44AB, not otherwise.
No chance of audit applicability, if you declared the details of PGBP income with P&L acc & BS.
veerendar singh
(tax consultant)
(3301 Points)
Replied 28 September 2021