Tax audit applicable
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 December 2013
Dear Sir,
My Turnover is 61,00,000 f.y. 2012-13, and profit rs 340000/- it is applicable of Audit or Not, Beacuse Profit is Les then 8%.
Pls sugguest me.
My Turnover is 61,00,000 f.y. 2012-13, and profit rs 340000/- it is applicable of Audit or Not, Beacuse Profit is Les then 8%.
Pls sugguest me.
11 December 2013
Yes , in such a situation tax audit is applicable as the total income exceeds the taxable limit.
.
.
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