Tax Audit Under Section 44AB of Income Tax Act, 1961

Person carrying on business to get his accounts audited if his total sales, turnover, etc., exceeds the specified amount [Section 44AB(a)]: Every person carrying on business shall if his total sales, turnover or gross receipts, in business exceed ₹1 crore in any previous year, get his accounts of such previous year audited by a “Chartered… Continue reading Tax Audit Under Section 44AB of Income Tax Act, 1961

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