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 PPA,
- Provide Guidance as to applicability of Audit Provisions
- Carry Audit Tax Audits for such entities in compliance with the Income Tax Act 1961