exempted or not
This query is : Resolved
Sitesh Agarwal
(Querist)
29 September 2016
My turnover for the year is 1.5 crore. And If I show profit @8 percent. Then whether I have to go for Audit or not
Amol S Joglekar
(Expert)
29 September 2016
for Assessment year 2017-18, the provision is changed.
for assessment year 2016-17, tax audit is required
for assessment year 2016-17, tax audit is required
Sitesh Agarwal
(Querist)
29 September 2016
ThNk you
But what is the changes for au 17-18
Amol S Joglekar
(Expert)
29 September 2016
https://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx
please go through the section 44AD along with 44AB
the limit for eligible business is increased to 2 crore.
please go through the section 44AD along with 44AB
the limit for eligible business is increased to 2 crore.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Urd purchase entry in tally prime
- GSTR-9C filing
- Intimation under section 245
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
