Is tax audit is applicable or not
This query is : Resolved
01 September 2018
Dear Sir,
My client business is recharge of Videocon & Dish tv etc. and also serivce center operate then he will get Commission on Sales of 5%. and his turnover hiked 2.5 Cr. then my question, Client is liable to tax audit or not.?
Kindly explain in details.
My client business is recharge of Videocon & Dish tv etc. and also serivce center operate then he will get Commission on Sales of 5%. and his turnover hiked 2.5 Cr. then my question, Client is liable to tax audit or not.?
Kindly explain in details.
01 September 2018
He is liable for tax audit only when his 5% commission and service charge exceed one crore.
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