luckpanda
Start free
State-specific compliance

Income Tax Audit (Sec 44AB) and TDS on Salaries in West Bengal

How Income Tax Audit (Sec 44AB) and TDS on Salaries applies to a business operating in West Bengal, with the state-level authority, citations and the next deadline.

Check this for your businessThe Compliance module

Information, not legal advice. Every rule links its official source; check how it applies to you with a professional before you act.

Definition

Income Tax Audit (Sec 44AB) and TDS on Salaries as it applies to businesses operating in West Bengal. Tax audit applies if business turnover crosses Rs 1 Cr (or Rs 10 Cr if cash receipts/payments are <5% of total). TDS on salaries (Sec 192), contractor payments (194C) and rent (194I) flow monthly to TRACES. Audit report due 30 September each year.

What it means in practice

Income Tax Audit (Sec 44AB) and TDS on Salaries is a central regulation that applies uniformly across India, including West Bengal. In West Bengal, the day-to-day administering authority and the office where filings are submitted will be Income Tax Department / CBDT.

Demo turnover Rs 3 Cr clears the Rs 1 Cr threshold easily.

Does Income Tax Audit (Sec 44AB) and TDS on Salaries apply to your business in West Bengal?

FacetConditionApplies
State coverageCentral regulation: applies in all states and union territories
Sector coverageApplies across all sectorsDepends
Turnover thresholdAggregate turnover of ₹1 crore or moreDepends

Deadlines and penalty

Cadence
Every year · Annual renewal
Next due
Later Next due 30 Sept 2027 (in 354 days)
Penalty for default
Sec 271B: penalty up to 0.5% of turnover or Rs 1,50,000 (whichever lower) for missing tax audit.

The next date is worked out from today (India time) and the rule's statutory schedule; extensions notified by the government are not reflected.

Citations

Related

Income Tax Audit (Sec 44AB) and TDS on Salaries in other states