Tax audit applicable or not
This query is : Resolved
16 September 2013
My self is Labour Contractor and I have received Contract fees Rs.80,00,000 + Service Tax collected and Paid Rs 9,88,800 and Net profit is Rs. 6,70,000 during FY 2012-2013. Should my books are applicable under Tax Audit ? Please help me Sirs,
16 September 2013
Not applicable as turnover does not gets exceeds limit of Rs.100 lakhs.....
16 September 2013
Thanks Sir, and want about 8 % formula it is applicable and 8 % on only net contract charges Rs. 80,00,000/- or net contract charges Rs 80,00,000 + Service Tax Rs. 9,88,800 = Total Rs. 89,88,800/- Please confirm me Sir,
17 September 2013
Thanks Sir, and want about 8 % formula it is applicable and 8 % on only net contract charges Rs. 80,00,000/- or net contract charges Rs 80,00,000 + Service Tax Rs. 9,88,800 = Total Rs. 89,88,800/- Please confirm me Sir,
19 September 2013
service tax collected is not income,,
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
Message likes :
1 times
19 September 2013
service tax collected is not income,,
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
..
.
.
no need to do tax audit ,,you can also opt for 44AD AND FILE ITR4S
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- Salary and pension received from Asian Development Bank
- BIS Certificates
- Last year TDS Claim
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
