Audit criteria
This query is : Resolved
01 October 2012
What is the criteria of Vat Audit , Tax Audit and Simple Audit. means when these audits apply in a firm or a company.
01 October 2012
VAT Audit - When Sale Turnover Cross 1 Crore, (vary as Per State by State)
Tax Audit - If in F.y. 2012-13 Turnover Exceed 1 Crore. (Along With Raed With 44AD/AE)
Simple Audit (Stat Audit ) - Applies in Case of Companies/LLP Only. by Virtue of Companies Act 1956. Compulsory, No Criteria.
Tax Audit - If in F.y. 2012-13 Turnover Exceed 1 Crore. (Along With Raed With 44AD/AE)
Simple Audit (Stat Audit ) - Applies in Case of Companies/LLP Only. by Virtue of Companies Act 1956. Compulsory, No Criteria.
01 October 2012
then what is the difference between Vat Audit and Tax audit
01 October 2012
VAT Audit Vary State by State.
Its for sales Tax Department.
Its Rules are Changed in Every State.
Tax Audit is For Central Govt Income Tax.
Its Rule are One & Same in All India.
Its For income tax.
Its for sales Tax Department.
Its Rules are Changed in Every State.
Tax Audit is For Central Govt Income Tax.
Its Rule are One & Same in All India.
Its For income tax.
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