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Er 1 to er 3

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(Querist)
04 December 2015 Dear Sir,

if any co. filling return ER1 and then his sale down to 4 cr , then he are legible for er 3 ?

Regards
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
04 December 2015 If your turnover has been cross one time above one crore then SSI exemption will not be applicable.
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Dipesh

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Dipesh (Expert)
04 December 2015 Once turnover goes above 4cr then you have to file ER-1 after that whenever turnover is down 4cr then he should be file ER-1 return only not ER-3.
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