Tax audit
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2017
Sir An individual is a partner in 2 firms which are in tax audit.he is also a proprietor of his own business which have gross receipts of 67 lakhs.now I wud like to know if his proprietorship automatically cums under tax audit because he is a partner in a firm which is under tax audit.
Nikhil Kaushik
(Expert)
17 July 2017
No. he doesn't....stick to the basic reading of the act...
CA Rashmi Gandhi
(Expert)
17 July 2017
No he can't. But he can file return upto last date of audit.
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