Easy Office
LCI Learning

In case of Money Lending business

This query is : Open 
Profile Image

Profile Image

(Querist)
14 May 2009 In case of money lending/finance business what is the gross receipt whether Interest recived or installment paid by clients or money lent by Money lender for purpose of audit or for purpose of making Rs.40 Lacs.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
14 May 2009 Interest is the criteria to decide tax audit limit.
Profile Image

Yatin

Profile Image

Yatin (Querist)
15 May 2009 Thanks very much, Sir
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Yatin

Profile Image

Yatin (Querist)
15 May 2009 Sir, whether it is given any book or other material and whether any case law on this point. if yes please tell me.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links