Audit applicability
This query is : Open
parveen sharma
(Querist)
07 May 2015
If business Turnover is around 87 lakhs and other incomes from (rent or Interest) is 17 lakhs, so my question is that is Audit applicable on it or not in ITR-4.
Nikhil Kaushik
(Expert)
07 May 2015
no. audit should not be applicable. However, if you are covered under business provided under section 44AD and your profit is less than 8%, then audit shall be applicable.
parveen sharma
(Querist)
21 May 2015
my one client want to register his firm as sole proprietor, can any one give me detail about registration process?? without taking any registration under sale tax or service tax etc. it is possible or not please clarify
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
