Dear sir
If an individual engage in coca cola distribution business and his turnover less then one crore but his total income less then exemption limit (200000)
But income 1.0%-1.5% only
Now question that person liable to audited accounts or file returns compulsory
Otherwise not require return & not maintains accounts

If a professional firm (proprietor) having net profit below 50 than are they liable to do tax audit u/s 44ADAOR NO

Can Director & Shareholder of a Company / Individual person of Proprietary concern raise a commission Debit Note on personal name ?

Kindly solve my query
Can bank give fixed deposit maturity amount in cash to customer? If no then according to which section?
Thanks in advancr

Hi can anyone send me the latest audit report format for the financial year 2016-17? or send me the link where I can download this. The mail id is sankarsaha123@gmail.com

Read more at: https://www.caclubindia.com/experts/company-audit-report-2473404.asp

The tax audit was conducted on 20-06-2017 that is prior to amendment in point no 31 of 3CD report and now the report has to be changed for the said amendment can We change the date of audit report as the amendment in the audit report has been done on 20.07.2017 for compliance of online submission.

gift received by minor on ocassion of birthday and festivals from relatives. Is it exempted from income tax

if advance tax not paid and filed ITR for FY 2016-17 u/s 44AD ,will the return become defective?

good morning. mr.x. working a company, there deduct the esi and epf. at the same time he doing business { service related work} more then three company, that companies deducted tds @1&10%. that case how to treate the it. pls confirm sir

While finalising this year's balance sheet I found that there are some discrepancies on last year's balance sheet....for example loan has been shown as trade payable.....and previous auditor failed to point out that and approved the balance sheet....now when I am preparing this year's balance sheet , then how should I show that amount in last year's column.....should I show it as shown in audited balance sheet or should I show it at right place?