MY SALES IS RS 3900000.00 AND VAT ON SALES IS RS. 156000.00
AM I LIABLE TO TAX AUDIT
5 Replies
Kaustuv
(Practicing CA)
(1778 Points)
Replied 17 September 2009
No in this case, this won't be liable to tax audit.
Pammi Srivastav
(Assistant Finance Officer )
(84 Points)
Replied 17 September 2009
No u won't be liable to tax audit.
MUNISH SHARMA
(STUDENT CA-FINAL)
(346 Points)
Replied 17 September 2009
no, u wont be liable for tax audit in this case..
CA. ANKUR JAIN
(CA.....)
(2800 Points)
Replied 18 September 2009
as everyone said u r not liable for audit u/s 44AB
CA. SUDHARSAN K G
(Chartered Accountant)
(472 Points)
Replied 19 September 2009
Dear it seems you are not so strong in VAT.
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