Menu
Aduit or normal IT file
My turnover is 70 lakhs i am a mobile currency distributor some Tax practioners are saying i can Just File IT and audit is not required but Some are saying audit is required i am not getting what to do can anybody please suggest me correctly
Replies (2)
hi
Tax audit is applicable only in case your turnover is equal or exceeds ₹1cr
Tax audit is applicable only in case your turnover is equal or exceeds ₹1cr
tax audit is applicable only if your turnover exceeds 1cr. or if you have net profit LESS THAN 8%.
Recent Threads
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
Related Threads
CAclubindia
