HI all
If a person discloses profit amount less than 8% of turnover to be reported under 44AD and such amount is less than the basic exemption limit is he still liable for tax audit???
Pl help
Thanks in advance
Menu
Tax audit liability
Replies (1)
Yes, he is still liable to tax audit.........
Recent Threads
- 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
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
Related Threads
CAclubindia
