TAX AUDIT APPLICABLE OR NOT
This query is : Resolved
14 March 2009
A COURIOR COMPANY HAVING GROSS RECEIPTS FOR THE F.Y 2008-2009 IS RS.15,00,000/- AND TDS DEDUCTED BY THE CUSTOMERS OF THE COMPANY IS RS. 40000/-. WHETHER TAX AUDIT U/S 44AB IS REQUIRED OR NOT?
14 March 2009
Dear Santosh,
In case of business 44AB is applicable when turnover exceeds 40 lac, so here no question for Tax Audit.
In case of business 44AB is applicable when turnover exceeds 40 lac, so here no question for Tax Audit.
14 March 2009
no. Mr. Kasat is right
27 March 2009
Pls dont change figures & repeat your query. it has been answered with some other figures which you had quoted. Change of figures in the question will not change the concept or answers
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