hi,
The tax audit limit for business is 1 crore for the financial yr 2012-13. I have a doubt whether turnover would include VAT and CST component or not!
Pls clarify..Thanks in advance...
Shivani Mittal
(Practice)
(425 Points)
Replied 21 November 2013
Turnover will include VAT or ST component.
Neha Bhattar
(none)
(170 Points)
Replied 21 November 2013
AGREE WITH SHIVANI... VAT OR ST IS INCLUDED
Manoj Garg
(Final student)
(150 Points)
Replied 22 November 2013
includible.........................