Audit limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2013
SIR/ MADAME
I WANT TO KNOW THAT IF THE TURNOVER IS LESS THAN 1 CRORE AND THE PROFIT IS LESS THAN 8 % THEN IS IT AUDIT BUT MY QUESTION IS WHETHER SUCH AUDIT IS COUNTED UNDER OUR AUDIT LIMIT OF 45 AUDITS ..
I WANT TO KNOW THAT IF THE TURNOVER IS LESS THAN 1 CRORE AND THE PROFIT IS LESS THAN 8 % THEN IS IT AUDIT BUT MY QUESTION IS WHETHER SUCH AUDIT IS COUNTED UNDER OUR AUDIT LIMIT OF 45 AUDITS ..
CA Vikas Acharya
(Expert)
03 July 2013
yess it will be under the limit of 45 audits
as limit is for tax audit, and it is definitely tax audit
as limit is for tax audit, and it is definitely tax audit
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