Section 44ab
This query is : Resolved
07 August 2013
Dear Sir, I would like to know that for the AY 13-14 , If the gross turnover does not exceeds Rs.1 cr then Is it required to get tax audited ?? is there any provision that section 44AB once applicable will be applicable forever ...? n yeah they were subject to tax audit preceeding the PY .....
07 August 2013
If gross turnover or gross receipts does n ot exceed rs 1 cr then no tax audit is applicable.
tax audit whether applicable or not depends on rel fin years gross receipts or gross turnover....there is no such hard and fast rule that once tax audit is applicable it is applicable for every year.
tax audit whether applicable or not depends on rel fin years gross receipts or gross turnover....there is no such hard and fast rule that once tax audit is applicable it is applicable for every year.
07 August 2013
There is no such provisions exists..
if gross turnover not exceeded 1 crore tax audit will not applicable
if gross turnover not exceeded 1 crore tax audit will not 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
- House Property Reporting in ITR
- Supply through E-commerce Operators
- TDS Claim year
- Rent lease agreement
- TDS Challan Code
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Suggestions required for income tax filing-software (FY 2025-26)
- E way bill for tractors
- SGST balance is there in credit ledger how to adjust for cgst
- GST ON DAMAGED GOODS
- REGARDING GST LIABILITY/....
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
