Dear Friends,

A assessee done a sale turnover a financial year 2009-10 after deducting a Sales Return for Rs.35.42 lacs.

But the sales return goods, which was actually made a sales for FY 2008-09. The sales return for Rs.20.12 lacs.

In this situation, I sugessted that the sales return is to be treated a Purchase of goods and the Sales turnover FY to be increased, i.e. Rs. 55.54 lacs.

Hence, it is tax audit turnover.

It is correct or not ?

dear all

it is Possible, Two HUF can made Partnership Firm as nature of Bussiness Auxiliery Services ??

ASSESSING OFFICER HAS ASKED FOR SHARE HOLDING DETAILS WITH SUPPORTING DOCUMENTS. WHAT DOCUMENTS I CAN PRODUCED BEFORE AO AS SUPPORTING DOCUMENTS?

I have a confusion regarding employee's contribution towards esi for employees having salary less than Rs.2100/-
Will employer pay for employee's contribution also or only 4.75% will be deposited for such employees?

The Gross Receipt in case of an Individual is 80 lakhs. As per Section 44AB of the Income Tax Act Audit Report in 3CB and statement of particulars in 3CD are to be furnished.Is it necessary to give another audit report like what we give in company audit,or 3CB is sufficient?

may i know documents relating to export and authority who certifies documents ?

can company held the assets like car in the name of director??
plz give ur opinion and provide me reference for the same.

Dear Sir,

Please give us the Tax Audit Slab for Propship,Partnership for Period FY 2010-11


Thanks & Regards

Survesh

I want to know that if any assessee is now filing his all previous years tax return then while preparing audit report which limit should be taken in consideration

Sir, I am trading in shares in my wife's name. My trading turnover has crossed rs. 9.00 lacs. My wife is also serving in a PSU bank. I am trading only in cash segment. Is audit needed if the turnover of this year crosses Rs. 10 lacs ? Please reply as early as possible.