Tax audit
This query is : Resolved
11 May 2014
if turnover exceed rs. 1 cr. he is liable to tax audit &in next year he is liable to deduct tds & file tds return. what is in next financial year turn over below rs. 1 cr. he is liable to dedct tds & file tds return in all succeeding financial year.
11 May 2014
no. once the 44AB audit is not applicable in a year, tds compliances wont apply in the next year...
12 May 2014
you have to check turnover every year. thus i agree with nikhil
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