Please Help: TAX AUDIT REPORT E FILING
Posted Date : 02-Sep-2013 , 04:04:38 pm | Posted By CA Deep Agrawal
IS THERE ANY DIFFERENCE SHOWING AT SITE WHILE E FILING TAX AUDIT REPORT U/S 44AD AND 44AB
Category : Income Tax | Answers : 1 | Comments : 0 | Hits : 59
Answers
Answer By: SUBHASH KUMAR JHA
U don't need to worry
44AD is applicable for only that body whose total turnover doe's not exceed Rs.1 crore and tax audit is applicable only for them whose total turnover is more than Rs.1 crore, so if u r opting for presumptive taxation scheme u don't need to get your accounts audited and obviously no need to file any report.
44AD is applicable for only that body whose total turnover doe's not exceed Rs.1 crore and tax audit is applicable only for them whose total turnover is more than Rs.1 crore, so if u r opting for presumptive taxation scheme u don't need to get your accounts audited and obviously no need to file any report.
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