https://www.taxtmi.com/acts?id=3588 Section 44AB requires persons carrying on business or profession to obtain an accountant's audit and furnish a prescribed audit report when specified turnover, gross receipts, or deemed-profit conditions under certain presumptive provisions are met; it allows reliance on audits under other laws supplemented by the prescribed accountant's report, treats certain non-account-payee cheque or draft payments as cash for threshold calculations, and defines the "specified date" as one month prior to the due date for filing the return. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Aug 2025 17:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3588 Section 44AB requires persons carrying on business or profession to obtain an accountant's audit and furnish a prescribed audit report when specified turnover, gross receipts, or deemed-profit conditions under certain presumptive provisions are met; it allows reliance on audits under other laws supplemented by the prescribed accountant's report, treats certain non-account-payee cheque or draft payments as cash for threshold calculations, and defines the "specified date" as one month prior to the due date for filing the return. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3588