Section 44ad
This query is : Resolved
16 September 2016
Dear All,
My query is Do I need to conduct tax audit if i want to claim business loss (Expenses) even though there were no sales ??
My query is Do I need to conduct tax audit if i want to claim business loss (Expenses) even though there were no sales ??
16 September 2016
No need of tax audit when there is no turnover.
Message likes :
1 times
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
- REGARDING SECTION 43B 1 H
- Flat purchase in name of myself,my wife and son
- Tax on Goodwill on LLP
- Procedure to surrender export incentive
- Capital Gain Tax & Exemption us 54
- Reverse charge on commercial property
- Registration of Articleship
- Audit report for a private limted company ( small company) FY 2024-25
- Old car transaction
- Slight spelling change in PAN Surname
- HRA Exemption taken in income tax return
- Drafting Grounds of Appeal under Service Tax
- TDS on Crypto section 194S
- GST Practitioner Details
- MSME Reporting in 3CB-CD
- SECTION 50AA SHORT TERM CAPITAL GAIN IN CASE OF MLD
- GSTR 3B and GST Challan payment
- How to surrender Duty Drawback
- ITC Reversal & re-claim statement [FY 2023-24]
- Regarding required stamp
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
