Tax audit
This query is : Resolved
02 October 2013
Dear All,
If a assessee was liable to Tax Audit for the AY 2012-2013 but in the AY 2013-2014 his gross income is less than one crore. Whether he is liable to get his account audited for AY 2013-2014. If not, then how he can claim the Depreciation and other expenses in books of account for the AY 2013-2014. In the AY 2012-2013 he has maintained proper books of account and claim depreciation and how can he maintain books of account if he is not liable to tax audit in the AY 2013-2014
If a assessee was liable to Tax Audit for the AY 2012-2013 but in the AY 2013-2014 his gross income is less than one crore. Whether he is liable to get his account audited for AY 2013-2014. If not, then how he can claim the Depreciation and other expenses in books of account for the AY 2013-2014. In the AY 2012-2013 he has maintained proper books of account and claim depreciation and how can he maintain books of account if he is not liable to tax audit in the AY 2013-2014
02 October 2013
Sorry, question not clear you are saying liable for tax audit but gross income is less than one crore and asking you is liable for tax audit or not, in your question you already decided liable for tax audit then why you again questioned the same.
Please provide the correct information and exact query.
OM SAI SRI SAI JAI JAI SAI
Please provide the correct information and exact query.
OM SAI SRI SAI JAI JAI SAI
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