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
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
