Private limited tax audit query
This query is : Resolved
06 January 2021
If private limited company provides professional services to his clients and turnover of services is 49lac and profit is 17 lac (approx 34 percentage on turnover) in this case Tax audit is mandatory or not???
06 January 2021
Yes, tax audit is mandatory.
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
- Previous Gst Registration Closed and New Registration with Same pan can we take
- Su Moto Cancellation - more than 3 years gone - how to retrieve RC - Reg.
- Understand this confusing IT notice
- Difference between Amount paid/credited currently (B) and Stamp Duty Value (C) is more than 20%.
- GST TDS applicability
- GST REFUND WHEN SALES MADE AT CONCESSIONAL RATE
- Amendment of Outward Supplies_GSTR 1
- JDA - Taxable Year and Sec 54/54f clarification
- ROC Filing Pending
- Form 26A relief for delayed Form 26QB — Property purchase from builder in 2022
- MAINTENANCE CHARGES AND LIFT CHARGES
- Interest on Late of Payment of Liablity
- Can the Developer ask for such unreasonable transfer charges without any basis
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
- 80G deduction eligibility
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
