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Tax audit report

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(Querist)
10 October 2013 A limited Company Incorporated in 2012, Its turn over is NIL in previous year, is require to tax audit under income tax Act ?
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Ganeshbabu K

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Ganeshbabu K (Expert)
10 October 2013 No tax audit required as turnover not exceeded 1crore/commercial operations not yet started
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
10 October 2013 no. tax audit is not applicable.
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CS RAJESH C.CHOUDHARY

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CS RAJESH C.CHOUDHARY (Expert)
10 October 2013 Agree with Experts.

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