Tax audit


This query is : Resolved 

25 April 2013 A indivisual assessee is carring on two business( Trading) of different nature out of which tax audit is applicable to one business and not applicable to another. My question is that whether Tax Audit is applicable to another Business to Which its Turn over is below Rs 1,00,00,000/-.

25 April 2013 yes tax audit will be done for both the business..

my earlier comment was not correct, pardon.

25 April 2013 Tax audit will be applicable for both business.

25 April 2013 If turnover limit is crossed Tax Audit is applicable for both business.


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