Tax audit applicable or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2012
Purchase of the firm is Rs. 90,00,000 but the sales is only Rs 24,00,000 then whether Tax audit is applicable or not?
31 July 2012
No tax audit not applicable as the turnover is below the exemption limit. Purchase is not considered.
Message likes :
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31 July 2012
agree with sanjay sir.......
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