Regarding tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2013
Dear sir,If the business having 2o lakhs purchases and turnover is below 60 lakhs.Is it liable to tax audit.If tax audit is not compulsory trp can prepare the return.
CMA Ramesh Krishnan
(Expert)
18 August 2013
Since the turnover limit is below the tax audit limit, so tax audit will not apply
TRP can prepare the return
TRP can prepare the return
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