Tax Auditing
Service
Tax Auditing
Under section 44AB, The Accounts are required to get Audited by a Chartered Accountant if Following Conditions are Fulfilled,
- Total Business Turnover Exceeds Rs 1 Crore Or,
- Total Professional Receipts Exceeds Rs 50 Lakhs Or,
- In case of Assessee Eligible to get Benefits of Section 44AD or Section 44 ADA,
If such Assessee has not declared profit @ 6/8 % in case of Business and 50% in case of Profession.
We at ABJ & Co.
- Provide guidance as to the applicability of Audit Provisions.
- Carry Tax Audits for such entities in compliance with the Income Tax Act 1961.