3ca 3cd
This query is : Resolved
24 August 2013
i have a company. the company currently is not doing any business. there are only two transactions: bank charges and audit fees.
I WANT TO KNOW WHETHER COMPANY IS REQUIRED TO FURNISH ANY AUDIT REPORT(3CA-3CD, 29B)UNDER INCOME TAX ACT 1961. IF YES, WHETHER IT IS REQUIRED TO E-FILE THE SAME.
I WANT TO KNOW WHETHER COMPANY IS REQUIRED TO FURNISH ANY AUDIT REPORT(3CA-3CD, 29B)UNDER INCOME TAX ACT 1961. IF YES, WHETHER IT IS REQUIRED TO E-FILE THE SAME.
24 August 2013
Tax Audit Not required. Turnover Limit for Tax Audit is Rs 100 Lacs.
24 August 2013
thank you sir
i want to know one more thing
since 44ad is not applicable to company, that means company is liable for tax audit only when turnover exceeds 1 crore
i want to know one more thing
since 44ad is not applicable to company, that means company is liable for tax audit only when turnover exceeds 1 crore
25 August 2013
Yes,,it is ,,,company liable for tax audit if its turnover exceeds 1 crore
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Last year TDS Claim
- Taxation on LTCG for property sold after 24JUL2024
- Suggestions required for income tax filing-software (FY 2025-26)
- GST ON DAMAGED GOODS
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
