Tax Audit Limit for AY 2022-23 / FY 2021-22 (Business & Profession) | Income Tax Audit u/s 44AB

Tax Audit Limit for AY 2022-23 / FY 2021-22 (Business & Profession) with examples | Income Tax Audit u/s 44AB with examples discussed by CA. (IP) Vivek Khurana
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   • Tax Audit Limit for AY 2022-23 / FY 2...  

Description of the Video-
In this video, a detailed discussion of the following has been made-
Section 44AB of the Income Tax Act, 1961 :- Audit of accounts of certain persons carrying on business or profession.

1. What is the Tax Audit?
2. Limit of 1 Crore/ 10 crore in Sec 44AB with examples
3. Threshold Limit of Tax Audit in case of Section 44AD / 44ADA
- Increase in turnover limit for Tax Audit u/s 44AB to 10 crores,
- What is the limit for tax audit for AY 2022-23?,
- What is the limit of tax audit us 44AB?,
- What is the limit for 44AD?,
- What is the ratio of turnover from audit in 2021 to tax in 2022?,
- Threshold Limit for Tax Audit increased to Rs. 10 crore,
- Section 44AD Linkage with Tax Audit under section 44AB,
- Tax Audit for A.Y. 2022-23 U/s. 44AB vis-à-vis 44AD / 44ADA,
- Income Tax Audit under Section 44AB,
- Section 44ADA of Income Tax - Presumptive Taxation,
- Section 44AD & 44ADA: Income of Business,
- Turnover for Tax Audit for AY 2022-23 as per Sec 44AB,
- PRACTICAL APPROACH TO PRESUMPTIVE TAXATION,
- Income Tax audit for AY 2022-23 under section 44AB,
- FAQs on Tax Audit - Income Tax Department,
- Budget 2021 increases tax audit limit to ₹10 crore,
- Income Tax Audit Under Section 44AB of Income Tax Act,
- All about Tax Audit under section 44AB of Income Tax Act,
- Section 44AD Presumptive Assessment under Income Tax Act ,
- Issues in Tax Audit Documentation Issues in Tax Audit,
- Section 44AD Of Income Tax Act, Applicability, Rules,
- Section 44AB: Tax Audit Turnover Limit For AY 2022-23,
- Tax Audit Applicability - Section 44AB, Section 44AD & Section 44ADA,
- Section 44AD - Presumptive Taxation for Business,
- Amendments related to Section 44AB proposed in Finance Act
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Meaning of Turnover or sales for Section 44AB Tax Audit,
What is included in turnover for tax audit,
How do you calculate turnover under section 44ab,
meaning of turnover gross receipt in tax audit,
Income Tax Audit under Section 44AB,
Calculation of turnover for purpose of tax audit limit,
5% Cash Limit of Receipts and Payments for Tax Audit,
Tax Audit in India if Turnover above Rs. 50 Lakhs/ 1 Crore,
Trading Turnover Calculation for Trading Income,
Audit of Speculation Business-Shares, Futures and Options,
Threshold Limit for Tax Audit increased,
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DISCLAIMER :-
This Video is for the purposes of information / knowledge and shall not be treated as solicitation in any manner or of for any other purposes whatsoever.

It shall not to be used for any legal advice /opinion and shall not to be used to rendering any professional opinion. Viewers are advised to kindly go through to original Government publications / notifications and published case laws or judicial pronouncements.

The statements and opinions expressed in video are those of the speaker and do not necessarily reflect those of the CA Sansaar or any of its employees. CASansaar Team does not take any responsibility for the views of the Speaker.

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