how you settle with the tax officer is also very important. Don't settle without correcting the issues involved. so first get the audit done and settle only to avoid penalties for late audit etc.
2. Sir, What are the normal audit charges u/s 44AB? (u can pm me.)
3. How much amount can he(Taxman) ask for not applying late audit penalty?(u can pm me.)
Other members who have such exposure, directly or indirectly, also please give advice on above question.