Comment on Notice under Section 139(9)? - Possible reason

Suraj Singh
Submitted on 2014/02/12 at 4:51 pm
ONE MORE THING WHICH I CAME ACROSS AND WOULD LIKE TO SHARE IS

SECTION 44AB STATES 2 CONDITION TO BE SATISFIED IN ORDER TO GET THE ACCOUNTS AUDITED BY CA:

1. IF THE ASSESSEE CLAIMS THAT HIS INCOME IS LOWER THAN THE INCOME DEEMED UNDER SECTION 44AD AND

2. THE ASSESSEE TOTAL INCOME IS CHARGEABLE TO TAX

SINCE CONDITION 2 IS NOT SATISFIED IN MY CASE AUDIT IS NOT REQUIRED TO BE DONE.

JUST WANT TO KNOW UR VIEWS ON THIS

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