Tax Audit
This query is : Resolved
05 April 2011
Induvidual person having business income of Rs.35,00,000/- for the financial year 2009-10.
Total receipts Rs.42,00,000/- during the year
My question is this transaction fall under tax audit.
Total receipts Rs.42,00,000/- during the year
My question is this transaction fall under tax audit.
05 April 2011
Please clarify whether he has earned a profit of 3500000 on the turnover of Rs 4200000. If 42,00,000 is the turnover then tax audit is applicable for FY 2009-10.
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