IF A PERSON IS PROPERITER IN TWO FIRMS,IN WHICH ONE FIRM GROSS TURNOVER CROSS THE LIMIT OF TAX AUDIT & THE SECOND FIRM TURNOVER IS LESS THAN TAX AUDIT LIMIT SO THE SECOND FIRM IS ALSO ELIGIBLE FOR THE TAX AUDIT
Piyush Garg (Accountant ) (54 Points)
11 September 2014IF A PERSON IS PROPERITER IN TWO FIRMS,IN WHICH ONE FIRM GROSS TURNOVER CROSS THE LIMIT OF TAX AUDIT & THE SECOND FIRM TURNOVER IS LESS THAN TAX AUDIT LIMIT SO THE SECOND FIRM IS ALSO ELIGIBLE FOR THE TAX AUDIT
Sandeep Dharar
(Business )
(18797 Points)
Replied 11 September 2014
No only the first Firm is liable for Tax Audit.
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