Regarding turnover clarification
This query is : Resolved
28 February 2019
Sir
One of the Person has taken agency of Britania. His turnover as per gst return is approx 2.5 crore and commission is approx 12.50 Lakhs.
Whether he is liable for tax audit u/s 44AB?
Thanks
One of the Person has taken agency of Britania. His turnover as per gst return is approx 2.5 crore and commission is approx 12.50 Lakhs.
Whether he is liable for tax audit u/s 44AB?
Thanks
28 February 2019
Yes if Gross turnover exceeds two crores, you are liable for tax audit u/s 44AB
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