Hii friends,
I have a doubt..
Will tax audit u/s 44AB continue to be applicable in succeeding years, though the turnover/receipts is below the basic limit in those years?
i.e; will it continue to be applicable if applicable once?
Gia Roz (Student) (145 Points)
25 February 2013Hii friends,
I have a doubt..
Will tax audit u/s 44AB continue to be applicable in succeeding years, though the turnover/receipts is below the basic limit in those years?
i.e; will it continue to be applicable if applicable once?
Akanksha Jain
(Article)
(690 Points)
Replied 25 February 2013
no.. limit should be checked for every year separately..
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