Dear Sir,
Please tell me about Tax Audit, My business is only F&O trading and 100 % digitally.
In Fy 2022-23 Option trading premium received is 79 Lakh and premium buy is 80 Lakh so my net losses is 1 lakh and carry forward loss to next year, so know whether I am liable for tax audit or not ?
If not, can I file ITR-3 file without tax audit without error? Is it applicable In my case 6 % profit of Gross Receipt criteria in my case I have no any income ?
If I file ITR -3 without a tax audit and show error what can I do?
Please know me in detail about it.
Thanks,
Warm Regards,
Can I face a problem at time of ITR 3 file because of loss? Previous year this problem is occurring because of profit is less than 6% of gross receipt then I was go wit audit in fy 21-22
Are there any ADDITIONAL ELIGIBILITY required for CA for conducting Statutory Audit?
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Hy, i have turnover of 2lac and make loss of 50k do I need to audit account I don't have any income source. I am student and got scholarship of 1 lac and invested in fno. Or when I need to audit my account suggest me about these please.
Dear Sir
as per the requirement, we have to obtain an MSME certificate from the creditors, so kindly explain how we know from which creditors should we get the certificate or not.
Whether getting a certificate once a year or any deadline is required.
Kindly explain the query regarding Audit purpose only.
whether tax audit is applicable in case of P'firm/ Pvt Ltd having no profit or loss?
Is the loss including of Remuneration and Interest paid to partners?
Dear Experts
My query are -1. Tax audit limit for a partner ship firm, the source of income of the firm is commision on sale of vegatable & fruits on consignment sale.
2. Any TDS liablity on freight paid on the behalf of consginer
3. Cash payment limit to consigner and transpoter against consignment sale of vegatable and fruits.
thanks to all experts for reply.
Assessee is Partnership Firm,
Turnover is 1.5 cr,
Profit is 6.39% after partner's remuneration.
Cash Receipts and Cash Payment below 5%
they got a notice u/s 139(9) as defective return that books of accounts should be audited.
Please advise we require the books of accounts should be audited u/s 44ab
“Auditor may be removed before expiry of his term” here what do you mean by “term” whether one year or five year or time between agm?
Hi All,
I have registered a new company. I would like to know what are the post incorporation must have. I do not expect any major transactions in the business at least for a year. What are the must do form submissions apart from ADT-1 to ensure compliancy ?
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File ITR-3