TMI BlogFormat of audit report u/s 44AD of the Income Tax ActX X X X Extracts X X X X X X X X Extracts X X X X ..... Format of audit report u/s 44AD of the Income Tax Act X X X X Extracts X X X X X X X X Extracts X X X X ..... y format for audit report to be furnished where the assesse is required to get its accounts audited u/s 44AC, 44AD, 44AE or 44AF of the Income Tax Act, 1961. Reply By Venkata Ramana Dhara: The Reply: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... There is no audit under U/s. 44 AD, AE and AF. Once the assessee does not want to declare income as stated under these sections then he has to opt for filing his return by getting his accounts audit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed U/s. 44AB. Obviously Form 3CB and 3CD are the only formats under this section. Any other opinion please ? X X X X Extracts X X X X X X X X Extracts X X X X
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