44ab tax audit
This query is : Resolved
04 March 2014
suppose xyz co's turnover is 50crore and it is audited u/s 44ab in A.Y 2012-13 Now in A.Y 13-14 if turnover is only 20crore but previous year sale return in A.Y 13-14 about 30crore then there will be negtavi sales in that situation audit required or not ??????
that type of scenario possible or happen in past or noT????????
that type of scenario possible or happen in past or noT????????
04 March 2014
turnover rs 20 crore will be taken into consideration.
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