Taxmann’s 75 FAQs on Tax Audit under Section 44AB for A.Y. 2022-23
Author | : Taxmann |
Publisher | : Taxmann Publications Private Limited |
Total Pages | : 66 |
Release | : 2022-09-09 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Taxmann’s 75 FAQs on Tax Audit under Section 44AB for A.Y. 2022-23 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2022-09-09 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxpayers must maintain books of accounts and get them audited if their gross turnover or receipts during the previous year exceed the prescribed threshold limit. The requirement to keep the books of accounts is specified under Section 44AA, and to get them audited is mentioned in Section 44AB of the Income-tax Act.