Section 44AD of IT act 1961
I want to know whether Section 44AD case ( those who are covered less than 8% of turnover/receipts is applicable for section 44AB celling limit.
Hemanth, your question does seem to be complete. Can you explain the question in further details.
As per Sec 44AD, 8% is the minimum amount which needs to be declared. If an assessee does not want to declare 8% then tax audit u/s 44AB will apply.
I think your doubts is whether audits compulsory under 44AD are included in 45 audits a CA can do.
Well the answer is yes. Audits are to be included in 45 limits.