Poonawalla fincorp
Poonawalla fincorp

TAX AUDIT-URGENT

This query is : Resolved 
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(Querist)
03 December 2010 HOW WE DECIDE THE TAX AUDIT APPLICABILITY ON SALE OR ON PURCHASE?
ONE OF CLIENT HAS MADE A PURCHASE OF RS.45LACS IN FY 09-10 AND SALE OF RS.33 LACS. KINDLY HELP ME ON THIS ISSUE AT THE EARLIEST.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
03 December 2010 TAX AUDIT IS NOT APPLICABLE.

FORDEFINATION OF TURNOVER ,
PLEASE VISIT THIS LINK

http://taxguru.in/income-tax/meaning-of-turnover-or-sales-for-the-purpose-of-tax-audit.html

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