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?
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?
no.. limit should be checked for every year separately..
Thank you..!!
CAclubindia
