Applicability of Tax Audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2010
Assessee whose turnover was over 40 lakhs during f/y 2008-09 & hence Tax audit was applicable. Now, during the f/y year 2009-10, his turnover is less than 40 lakhs, whether he is liable for tax audit?
21 July 2010
Not liable for Tax Audit.
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Computation of Dividend
- ITR 44AD SECTION
- GST ISD Query on various AMCs
- Taxation on Old jewellery sold
- Correction in TDS return New Traces Portal
- Short Term Gain Reporting ITR
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
