Tax audit
This query is : Resolved
08 September 2017
Dear Sir
My Annual Sale is 25.40 lac and i got 6.30 Lac profit
so can i need to do tax audit
Please guide
My Annual Sale is 25.40 lac and i got 6.30 Lac profit
so can i need to do tax audit
Please guide
08 September 2017
in case of business the limit is 1 cr so it doesnt apply to you
08 September 2017
Agree with Pooja JI as in your case profit is shown as more than 8% of turnover & you turnover is less than Rs.1 Crore, so tax audit is not applicable in you case
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
