I have proprietorship and my turnover is below 1,50 lacks. so tax audit is required
or not?
Menu
tax audit required or not
Replies (6)
if profit is less than 8 % then required .
no , profit is greater than 25%,, so not required audit
wht is ur business?................
providing tally support service
yes you fall under section 44 AD you are not required tax audit
AS PER GST NO REQUIRED
BUT IT WILL BE REQUIRED
Recent Threads
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
Related Threads
CAclubindia
