Tax audit applicable or not
This query is : Resolved
16 September 2013
My self is Labour Contractor and I have received Contract fees Rs.80,00,000 + Service Tax collected and Paid Rs 9,88,800 and Net profit is Rs. 6,70,000 during FY 2012-2013. Should my books are applicable under Tax Audit ? Please help me Sirs,
16 September 2013
Not applicable as turnover does not gets exceeds limit of Rs.100 lakhs.....
16 September 2013
Thanks Sir, and want about 8 % formula it is applicable and 8 % on only net contract charges Rs. 80,00,000/- or net contract charges Rs 80,00,000 + Service Tax Rs. 9,88,800 = Total Rs. 89,88,800/- Please confirm me Sir,
17 September 2013
Thanks Sir, and want about 8 % formula it is applicable and 8 % on only net contract charges Rs. 80,00,000/- or net contract charges Rs 80,00,000 + Service Tax Rs. 9,88,800 = Total Rs. 89,88,800/- Please confirm me Sir,
19 September 2013
service tax collected is not income,,
..
.
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no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
Message likes :
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19 September 2013
service tax collected is not income,,
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
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