Tax audit
This query is : Resolved
04 December 2015
dear sir may client has audited for fy 2014-2015 and also deducted tds u/s 194h 1 insurance company 10% and may insuance income exceed rs 100000000 whether i am liable for audit or not
04 December 2015
dear alpesh,
read section 44AB. its not that complicated.
read section 44AB. its not that complicated.
05 December 2015
But sir 26 as forms shown 10000000 credit and TDs deducted 1000000 whether I am liable for audit next year
05 December 2015
This income should be included in sales and I am liable for audit next year
05 December 2015
dear aplesh,
kindly understand the accounting principles to account for the sales during the year and how section 44AB works. Read the guidance note of tax audit issued by ICAI.
get into this habit of learning things through reading...
kindly understand the accounting principles to account for the sales during the year and how section 44AB works. Read the guidance note of tax audit issued by ICAI.
get into this habit of learning things through reading...
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