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Please Help: TAX AUDIT REPORT E FILING

Posted Date : 02-Sep-2013 , 04:04:38 pm | Posted By: CA Deep Agrawal

Category : Income Tax | Answers : 1| Comments : 0| Hits: 97

IS THERE ANY DIFFERENCE SHOWING AT SITE WHILE E FILING TAX AUDIT REPORT U/S 44AD AND 44AB

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.
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