Tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 July 2010
Hi
Respected Member
Can any one tell me if asseesee had tax audit in last year, but in current year turnover is below 40 lakhs.
So it is require tax audit in current year
OR
It is complusory to get tax audit.
Respected Member
Can any one tell me if asseesee had tax audit in last year, but in current year turnover is below 40 lakhs.
So it is require tax audit in current year
OR
It is complusory to get tax audit.
25 July 2010
Not mandatory as per section 44AB.
26 July 2010
Tax Audit for only that year is mandatory whoes turnover exceeds the specified limits..
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