Tax Audit -2
Querist : Anonymous
Respected Member
Can any one tell me ?
1. if a person carrying on two separate nature of business, then how gross sales limit shall be calculated for tax audit.
Whether agreegate or each business.
My C.a. said that it shall be calculated agreegate but i read guidance note on tax audit, in that it is written that limit of gross sales i.e. 40 lakhs shall be calculated individully for each business.
Please Guide
Thanks
in advance
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