Is it necessary that ALL assesses who are liable to audit u/s 44AB are required to furnish Form BB. ? Or ONLY those assesses whose net wealth exceeds 30,00,000 who are liable to audit u/s 44AB are required to furnish Form BB ..?
Thank u in advance.
Muthu (Graduate of B.com Pursuing CS Professional Programme & CA IPCC) (120 Points)
18 July 2014Is it necessary that ALL assesses who are liable to audit u/s 44AB are required to furnish Form BB. ? Or ONLY those assesses whose net wealth exceeds 30,00,000 who are liable to audit u/s 44AB are required to furnish Form BB ..?
Thank u in advance.
CA Anoop Tiwari
(Practicing Chartered Accountant)
(135 Points)
Replied 20 July 2014
see my detailed reply in my previous post