Poonawalla fincorps
Poonawalla fincorps

Aplicability of tax audit

This query is : Resolved 
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(Querist)
22 October 2013 Is tax audit applicable for subsidiary of a public company??
Turnover not exceeding the prescribed limit.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 October 2013 If turnover is not exceeding the limits under sec 44AB then no tax audit applicable.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
22 October 2013 Agree with Expert,
If the prescribed limit isn't crossed then no Tax Audit...
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