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Bank audit and taxation

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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?
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
07 September 2009 Refer my post on LFAR.
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