Mrs. Varsha is engaged in business and her turnover for the PY 25-26 amounts to 18 crore. She has duly complied with the provisions of Section 44AB…
CA Final · Direct Tax Laws and International Taxation · PYQS · May 2026
Mrs. Varsha is engaged in business and her turnover for the PY 25-26 amounts to 18 crore. She has duly complied with the provisions of Section 44AB by getting her accounts audited by a Chartered Accountant and uploading Form 3CB and Form 3CD within the prescribed time limit.
Suggested Answer and Working Notes:
Tax Management: Mrs. Varsha complied with the provisions of section 44AB by getting her accounts audited by a Chartered Accountant and uploading form 3CB and Form 3CD within the prescribed time limit. This is in the nature of compliance with statutory obligation under the Income-tax Act, 1961. This act of Mrs. Varsha would tantamount to
Topics: Tax Planning, Tax Avoidance & Tax Evasion
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