Tax audit
This query is : Resolved
16 May 2014
Firm has total gross Income of Rs.1.5cr..
Dat includes Rs.60lakhs as Share of profit frm other firms & Rs.50 lakhs as Dividend frm Quoted shares & mutual funds
Will it be subject to Tax audit ??
22 May 2014
if your firm gross receipts exceeds rs. 1.00 crorres then you have to take audit u/s 44AB
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