Query regarding tax audit applicability
This query is : Resolved
22 September 2014
ABC Technologies pvt ltd is an IT company total turn over exceeds 25lakhs. Is Tax Audit applicable??? Business of an IT company goes under which head Profession OR Business u/s 44AB??? Where 25lakh or 1 crore limit will be applicable to ABC Technologies pvt ltd for tax audit?
22 September 2014
Rs 1 Crore limit will be applicable.
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
- Two pancard
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Can we claim ITC in 28%
- Transfer of MF
- Regarding E-invoice Generation
- Forgot to update debit note in gst
- Revenue stamp for individual to Individual
- CERTIFIED TRUE COPY OF PARTNERSHIP DEED
- Expenses add back in profit
- GST APPLICATION
- E bike purchase can get input in GST
- Interest on borrowed capital rental income
- TDS APPLICABILITIY
- Issue with PTEC Registration – PAN Already Used
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
