My client giving consulting service and not opted for presumptive taxation u/s 44 ADA.
Gross receipt of my client is below 50lacs and declared profit below 20%.
we need to do tax audit as income declared below 50%?
Menu
Tax audit for procession
Replies (2)
Yes tax audit will apply
Yes tax audit will required
Recent Threads
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
Related Threads
CAclubindia
