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Section 44AB - Audit of accounts of certain persons

Income Tax - Profit and Gains of Business or Profession - 75 - SEC - 44AB: AUDIT OF ACCOUNTS BY CERTAIN PERSONS WHO HAS TO GET HIS ACCOUNTS AUDITED ON COMPULSARY BASIS Different Taxpayers When they are covered by the provisions of compulsory audit u/ .....

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ds 50 lakh (Limit increased w.e.f 1st April 2017) A person carrying on business covered u/s 44AE, 44AF, 44BB OR 44BBB If such person claims that the profits and gains from the business are lower than the profits and gains computed under these section .....

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