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Missed my audit

Pramod Kuruvatti (136 Points)

31 October 2018

My turnover is 70 lakhs i have missed my audit what should i do now

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 01 November 2018

Why You want Tax Audit...?

Give some details then You can get exact solution from CCI.

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Pramod Kuruvatti (136 Points)
Replied 01 November 2018

everyone saying i should have done tax audit but my turnover not exceeds 1cr

RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 01 November 2018

(everyone saying) Which condition they said...?

Without details and Clarity no way for give suggestions...
So, better to Elobrate Your query with details...

Pramod Kuruvatti (136 Points)
Replied 01 November 2018

my business is jio currency distribution.... my turnover is 6500000 ... i have got Commission of Rs 1.3 lakhs for this business .... now you only suggest i should just file IT or should have get audited

Uday Rathi (133 Points)
Replied 01 November 2018

if the jio currency is lost in some manner. Then the loss will be brone by you?
If you bear the loss then your turnover will be 65Lacs still below 1cr.
No need for tax audit.