Relaxation from tax audit
This query is : Resolved
24 August 2012
one of my friend having business of milk distribution /supply. but he done turnover of 1.5 cr in last year. as we know there is a 3-4 % profit margin in said business. is there any relaxation given in tax audit to such kind of business.
need your valuable feedback !
need your valuable feedback !
24 August 2012
Tax audit doesn't relax any type of business.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
24 August 2012
No there will be no relaxation as the T/o Exceeds the limit of Rs 60 Lakhs
24 August 2012
There is no such relaxation.
You have to get the books audited.
You have to get the books audited.
Guest
Guest
(Expert)
25 August 2012
Tax audit is mandatory in above case.
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