Due date for filling income tax audit report as required under section 44AB is 30th September of the assessment year for which books of accounts are prepared and getting audited. This means for financial year 2013-2014, tax audit report filing due date is 30th September 2014. However, for financial year 2013-2014 (i.e. AY 2014-2015), CBDT has extended the due date of filing … [Read more...] about Due dates for filing section 44AB tax audit report and penalty for late filing
Tax audit
Step by step procedure for e-filing of tax audit report – Section 44AB
As we all know, from assessment year 2013-2014 onwards, tax audit report as required under section 44AB is required to be filled electronically. Here in this article we will be discussing how to electronically file these tax audit reports. Section 44AB tax audit report filling steps Before we start the process or procedure of e-filing tax audit report, please remember that … [Read more...] about Step by step procedure for e-filing of tax audit report – Section 44AB
Forms used for e-filing of section 44AB tax audit report – 3CA, 3CB and 3CD
In our last article, we have discussed when section 44AB tax audit is required to be done by tax payers. Today in this article we will be discussing different forms that are required to be submitted for section 44AB tax audit report. Forms used for section 44AB tax audit report As per rule 6G, two types of forms are required to be submitted for section 44AB tax audit report. … [Read more...] about Forms used for e-filing of section 44AB tax audit report – 3CA, 3CB and 3CD
Income Tax Audit under section 44AB
Section 44AB required certain persons to get there accounts audited under IT act by a charted accountant in practice if the conditions as specified in section 44AB fulfills. Followings persons are required to carry on Income Tax Audit as specified under Section 44AB; A person carrying on business Under section 44AB, income tax audit will be compulsory for a person … [Read more...] about Income Tax Audit under section 44AB