Need help
suraj goundwadkar (95 Points)
25 August 2018
if taxpayer have.. all exempt supply Rs.2 cr. or above...he need to audit his books in gst?
2 Replies
Vaishali Jain
(Currently working on improving my skills and capabilities)
(2539 Points)
Replied 25 August 2018
Dear Sir,
Aggregate turnover includes exempt supply so even if turnover of Rs. 2cr or above includes all exempt supply, audit shall be done as aggregate turnover exceeds Rs. 2cr
Aggregate turnover includes exempt supply so even if turnover of Rs. 2cr or above includes all exempt supply, audit shall be done as aggregate turnover exceeds Rs. 2cr
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 August 2018
Yes... Tax Audit is required if Turn Over is Exceeding as per sec 44AB limit...
Recent Topics
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
- GSTR9 Table 8 - 8A and 8B difference is 4D(1). in
- Eway Bill query for inter state
Related Threads
CAclubindia
