Bank audit and taxation
This query is : Resolved
Mansi Deshmukh
(Querist)
07 September 2009
I am curious to know abt taxation aspects of banks.How status of banks are determined for aseessment purpoees?I guess it has to be copanies though not established under compnies act nad co-op societies.how turnover of banks are detrmined for tax audit applicablity and further are there any income tax aspects which are piculiar to banks?
07 September 2009
Refer my post on LFAR.
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