NIKHIL GADA (AUDIT ASSISSTANT) (100 Points)
07 June 2014According to the recent announced Maharashtra State Additional Budget, The Turnover Limit for VAT Audit has been increased from 60 lakhs to 1.00 crore.
My Question is that - does this limit is applicable for F.Y. 2013-14 or from F.Y. 2014-15 onwards.
CA Hitesh Sachdev
(Associate Consultant)
(305 Points)
Replied 24 December 2014
| Originally posted by : NIKHIL GADA | ||
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According to the recent announced Maharashtra State Additional Budget, The Turnover Limit for VAT Audit has been increased from 60 lakhs to 1.00 crore. My Question is that - does this limit is applicable for F.Y. 2013-14 or from F.Y. 2014-15 onwards. |
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Nikhil the limit is applicable from the financial year 2013-14.
CAclubindia
