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 Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
