STI NEWS;"AUDIT 44AB TURNOVER SALES GROSS RECEIPT MEANING"plus 3 more

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• AUDIT 44AB TURNOVER SALES GROSS RECEIPT MEANING
• TAX AUDIT 44AB IN EXEMPTED INCOME,NON RESIDENT CASES
• AUDIT 44AB BUSINESS PROFESSION MEANING
• 44AB AUDIT PROVISIONS APPLICABILITY

AUDIT 44AB TURNOVER SALES GROSS RECEIPT MEANING Posted: 04 Jul 2011 09:35 AM PDT Sales, turnover, gross receiptsIt will be noted that the provision relating to tax audit applies to every person carrying on business, if his total sales, turnover or gross receipts in business exceed Rs.60 lakhs and to a person carrying... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

TAX AUDIT 44AB IN EXEMPTED INCOME,NON RESIDENT CASES Posted: 04 Jul 2011 08:50 AM PDT Liability to tax audit - special cases  A question may arise in the case of an assessee whose income is not chargeable to income-tax by reason of a specific exemption contained in the law or otherwise, as to whether he is required to... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

AUDIT 44AB BUSINESS PROFESSION MEANING Posted: 04 Jul 2011 08:36 AM PDT Section 44AB defines separate Limit for Business(60lakh) and Profession(15Lakhs) ,so it is essential to understand what is business and what is profession . Few point to resolve this issue has been given here under for your... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

44AB AUDIT PROVISIONS APPLICABILITY Posted: 04 Jul 2011 08:25 AM PDT The44AB section stipulates that every person carrying on business or profession is required to get his accounts audited by a chartered accountant before the "specified date" and furnish by that date the report of such audit, if the... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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