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Applicability of tax audit

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(Querist)
04 September 2013 We all know that for FY 2012-13 if turnover in the same year exceeds Rs. 1 cr than Tax Audit is applicable. But Applicability of VAT Audit is over 60 lakhs turnover. My query is does VAT Audit applicability attracts Tax Audit??? -please solve my query
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 September 2013 No. both are difference acts and applicability also different, so no need to apply tax audit because of other act

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