Easy Office
LCI Learning

Tax audit applicability

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 July 2018 Dear Experts

Assesee is a trader in soaps and baby products. My turnover is only 40 lakhs. Assesee maintained proper books of accounts. But in this business margin is around 3 percent only.

As the netprofit is below 8%, whether tax audit is applicable. Warning message appears when i try to efile. Warning message in winman says taxa udit may be applicable. Please help

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
20 July 2018 What about business like Proprietorship or any other?

By
RAJA P M

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 July 2018 IT IS A PROPREITROSHIP




20 July 2018 Which sec you ll try to file and which ITR Form?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 July 2018 ITR 3 FOR BUSINESS. ONE LORY U/S 44AE

20 July 2018 In u/s 44ae inside window you will enter last two columns...
Item no 53....
The value also required as per sec 44AD (44AE)



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries