TAX AUDIT is mandatory under section 44AB of the Income Tax Act, 1961. Every person carrying on business whose total sales or turnover exceeds Rs. 1 Crore and by a person carrying on profession and his gross receipts from profession exceed Rs. 50 Lakhs in the previous year, is liable to get his Tax Audit done by a Chartered Accountant mandatorily.
Muhammad & Associates has a large network of qualified CA's & experts providing comprehensive tax auditing services designed specially to comply the section 44AB of the Income Tax Act, 1961.
