In case of Money Lending business
This query is : Open
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.
14 May 2009
Interest is the criteria to decide tax audit limit.
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.
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