Tax audit u/s 44ad applicable
pavan kumar (article) (103 Points)
18 September 2014pavan kumar (article) (103 Points)
18 September 2014
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 18 September 2014
No, tax audit will not be applicable as turnover will be considered as 85 lacs....
VAT payable is credited to a separate account....