AUDIT OF ACCOUNTS UNDER INCOME TAX ACT,1961

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2022-05-27 11:48:45 - Translate -

COMPULSORY AUDIT OF ACCOUNTS UNDER INCOME TAX ACT,1961 [SECTION 44AB] 1]. Every person carrying on business shall, if his total sales, turnover or gross receipts in business exceeds INR 1 crores in any previous year, get his accounts of such previous year audited by a Chartered Accountant on or before the specified date and furnish by that date the report of such audit in the prescribed form,...

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