Eligibility criteria of audit
This query is : Resolved
15 July 2013
I have agency of aircel company .I got Commission from company after deducting tds. for financial year 2012/13 total order of recharge voucher is near about 1.5 crore & on it I have received @1% and on that 1%commission tds deducted @10% ,total commission received near about 9.6 lacs on that recharge voucher at different rate.
My question in above condition will i do audit of above account as total rechrge voucher sale is above 1.00cr.Or can i do return of it on the basis of commission as none other income from it other than commission received?
Please clarify it!
My question in above condition will i do audit of above account as total rechrge voucher sale is above 1.00cr.Or can i do return of it on the basis of commission as none other income from it other than commission received?
Please clarify it!
CA Harsh Jain
(Expert)
16 July 2013
Yor are not require for audit.your commission income is only the income.
ca harsh jain
Harsh R Jain & Associates
ca harsh jain
Harsh R Jain & Associates
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