Download Our App
Indian real estate attracts record institutional investments in January-June period at $4.1 billion: Vestian
As automation spreads, India's FMCG companies rethink the size of their workforce
Apparel exports drag India's textile and clothing exports despite growth in textile shipments: CITI
Question ID : 21525
Tax audit applicability
I have a client who opted for the presumptive scheme under section 44AD but has declared profit lower than 8%/6%. As a result, tax audit is applicable under section 44AB(e).
My query is: Will this tax audit be counted within the limit of 60 tax audits prescribed by ICAI, or will it be excluded from the limit?
No answers yet. Be the first to answer!
Please login to post your answer.
