Request you to kindly inform cost is applicability for Mobile Accessories manufacturing industry - our HSN code - 8504, 8507 & 8517
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Answer nowRespected Expert,
I Want to be clear regarding applicability of tax audit in the below mentioned scenario for individual carrying retail business:
Turnover for F.Y. 2018-19 is 82,00,000/-
Gross profit comes to 2,60,000/- (3.17%)
Net Profit comes to 1,20,000/- (1.46%)
Total Income for ITR comes to 1,22,250/-
Whether Tax Audit is Necessary in this Case???? If Yes then How??
Dear Experts,
Is there any update regarding tax audit due date extension.
Thanks
Karan
Hello All,
I have a query.
Our company is engaged in the manufacturing of Telecom Equipments. As per cost record rules and the proviso to rule 3 under the Companies Act, 2013, if a company falls under the classification definition of Small Enterprise as per MSME act, then Maintenance of Cost Records is not required. Our company falls under this exemption criteria as our investment in Plant and machinery is less than Rs. 5 Crores but more than 25 lakhs, although we dont have MSME registration or Udyog Aadhaar Registration.
Considering the said exemption is the maintenance of cost records and cost audit applicable to us. ?
Thanks,
Dhananjay Jitesh Pandey
Company Secretary
FORM 3CB/3CA & 3CD IS DIGITALLY SIGNED AND THERE IS NO PLACE IN UTILITY FOR UDIN. NOW HOW AND WHERE TO REFLECT UDIN
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6 days Certification Course on GST Practical Return Filing Process
Cost is applicability for Mobile Accessories