Tax audit
This query is : Resolved
CMA Ramesh Krishnan
(Expert)
04 September 2013
Tax audit is requirement as per tax acts. owner can know about the compliance of tax applicability, payment, returns as per the provision of act.
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04 September 2013
Sir , their no any benefit under any scheme if assesses conduct tax audit.
CMA Ramesh Krishnan
(Expert)
04 September 2013
incase while applying loans to the bank or financial institution, they will ask the Tax audit reports, before sanction of the loan
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Ganeshbabu K
(Expert)
04 September 2013
Yes, it is not benifit,,it is mandate as per law for specified class of assesses
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