chintan (CMA,CA Final,LLB,B.com) (135 Points)
11 July 2011If Any Assessee is Shows less than 8% profit of it's turnover he is liable for TAx Audit
and he is required to Files return digitally Signed or Not????????????
Please help me !!!!!!!!!!!
kanagaraj
(CHARTERED ACCOUNTANT)
(793 Points)
Replied 11 July 2011
yes of course you must file with DSC if you file an audit report u/s 44AB
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 11 July 2011
When the taxable income comes below 8% of turnover, its not covered under 44AD but it comes under 44AB where audit ia done, and once the audit is done, DSC is needed for e filing.
chintan
(CMA,CA Final,LLB,B.com)
(135 Points)
Replied 12 July 2011
Thanks !!!!!!!!!!!!! Boss Thank you very much Sir
Anila
(Article Assistant)
(177 Points)
Replied 12 July 2011
| Originally posted by : U S Sharma | ||
 |
When the taxable income comes below 8% of turnover, its not covered under 44AD but it comes under 44AB where audit ia done, and once the audit is done, DSC is needed for e filing. |
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