Regarding tax audit of a private ltd company
This query is : Resolved
22 May 2015
Hello Expert,
Kindly help me with regards to the following query;
A private ltd company is having turnover of 40,00,000/- from its business. Whether it requires to do tax audit ?? which section will be applicable ?? whether sec 44AD will be applicable ??
thanking you
Kindly help me with regards to the following query;
A private ltd company is having turnover of 40,00,000/- from its business. Whether it requires to do tax audit ?? which section will be applicable ?? whether sec 44AD will be applicable ??
thanking you
22 May 2015
Tax Audit is not required but applicability of Section 44AD would depend upon nature of company' busnisess
22 May 2015
Thanks,
Company is engaged in the trading of sweets and namkeen. will you please guide me for applicability of sec-44ad ?
Company is engaged in the trading of sweets and namkeen. will you please guide me for applicability of sec-44ad ?
CA Tejas Mistry
(Expert)
22 May 2015
Sec 44AD is applicable to all the traders and wholesaler business so 44 AD applies to business of Trading in Sweets and Namkeens also
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
- Gst credit note by supplier
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
