Following cases attract liability to get the accounts audited under the Income Tax Law
Section Particulars Form
   
Section 10(23C) Trusts/Institutions/Hospitals and other entities covered by section 10(23C)(iv), 10(23C)(v), 10(23C)(vi), 10(23C)(via) Form 10BB
Section 10A Undertakings in Free Trade Zone etc. Form 56F
Section 12A(b) Charitable or Religious trusts or Institutions Form 10B
Section 44AB Auditable case under any Law other than Income Tax Act, 1961. Form 3CA-3CD
Section 44AB Turnover exceeding the certain specified limit under the Income Tax Act, 1961. Form 3CB-3CD
Section 44DA Income by way of Royalties etc. in case of a Non-Resident. Form 3CE
Section 50B Capital gains in case of slump sale. Form 3CEA
Section 80-I(7)/80-IA(7)/80-IB/80-IC Claims under section 80-I(7)/80-IA(7)/80-IB/80-IC Form 10CCB
Section 80-IB(11B) Claims under section 80-IA(11B) Form 10CCBC
Section 80-IB(11C) Claims under section 80-IB(11C) Form 10CCBD
Section 80-ID(3)(iv) Claims under section 80-ID(3)(iv) Form 10CCBBA
Section 80JJAA Claims under section 80JJAA Form 10DA
Section 80LA(3) Claims under section 80LA(3) Form 10CCF
Section 115JB Minimum Alternate Tax (MAT) Form 29B
Section 115VW(ii) Tonnage Tax Form 66

Comments

Kavinesh said…
Minimum Alternate Tax is applied when the taxable income calculated according to the I-T Act provisions is found to be less than 15.5 per cent (plus surcharge and cess as applicable) of the book profit under the Companies Act, 2013.
Minimum Alternate Tax in India
June 23, 2021 at 5:57 PM
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