EASYOFFICE

Tax audit

This query is : Resolved 

04 December 2015 dear sir may client has audited for fy 2014-2015 and also deducted tds u/s 194h 1 insurance company 10% and may insuance income exceed rs 100000000 whether i am liable for audit or not

04 December 2015 dear alpesh,

read section 44AB. its not that complicated.

05 December 2015 But sir 26 as forms shown 10000000 credit and TDs deducted 1000000 whether I am liable for audit next year


05 December 2015 This income should be included in sales and I am liable for audit next year

05 December 2015 dear aplesh,

kindly understand the accounting principles to account for the sales during the year and how section 44AB works. Read the guidance note of tax audit issued by ICAI.

get into this habit of learning things through reading...



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries