28 August 2011
I want to clarify whether there is any change in limits for audit of service tax concerns by the revenue department, if yes, where i can find that?
29 August 2011
i. Taxpayers with Service Tax payment above Rs.3 crores (Cash + CENVAT) (MANDATORY UNITS) – to be audited every year. ii. Taxpayers with Service Tax payment between Rs.1 crore and Rs.3 crores (Cash + CENVAT) – to be audited once every two years. iii. Taxpayers with Service Tax payment between Rs.25 lakhs and Rs.1 crore (Cash + CENVAT) – to be audited once every five years. iv. Taxpayers with Service Tax payment upto Rs.25 lakhs (Cash + CENVAT) – 2% of taxpayers to be audited every year
30 August 2011
Exemption to individual entities having a turnover below 60 lacs from audit in budget speech 2011-12 whether formalised and become effective?
CAclubindia
