Kvat paid

This query is : Resolved 

30 September 2016 Sir,, while filing income tax return can we claim the kvat paid as an expense?

30 September 2016 Yes, it is an allowable expenditure.

30 September 2016 Okay , thank you sir....
Sir, I have an another doubt. Which are the conditions that make a Company to do tax audit? Is there any difference for public and private company?

30 September 2016 Sales turnover if > threshold tax audit attracts irrespective of Pvt or Public limited.

30 September 2016 In case of business, what is the threshold limit, 1 core??


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