44AB
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2010
A proprietor is having business in two different names. Turnover in both the above buss is as under:
1st - approx Rs.32 lacs
2nd - approx.Rs.38 lacs
Whether the proprietor is liable for tax audit under section 44AB for the AY 2010-11? Income from both the businesses will be shown in the computation of income
Pl let me know as the due date is approaching
1st - approx Rs.32 lacs
2nd - approx.Rs.38 lacs
Whether the proprietor is liable for tax audit under section 44AB for the AY 2010-11? Income from both the businesses will be shown in the computation of income
Pl let me know as the due date is approaching
26 September 2010
yes proprietor is liable for tax audit
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Filing of Form 10BB instead of Filing Form 10B
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Ineligible ITC claimed
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
