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Tax Audit

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(Querist)
08 June 2011 Is tax audit cumpulsory for a company having only "other income" i.e. intrest income from FD's.

there is no trading / manufacturing activity.

Pls. reply with some case law or any other evidence.

URGENT
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
08 June 2011 TAX AUDIT REQ IS IN RESPECT TURNOVER OF BUSINESS IT IS NOT THE BUSINESS OF THE CO TO KEEP MONEY IN FDs
NO TAX AUDIT REQD

CA MANOJ GUPTA
JODHPUR
09828510543

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