Tax audit of a co.
This query is : Resolved
27 January 2012
If a Pvt Ltd. Company has receipts of only Rs. 2 Lac during a financial year then it is liable for tax audit or not....
Thanks in Advance
Amit Jain
Thanks in Advance
Amit Jain
27 January 2012
For Tax Audit the Turnover /Gross Receipt Limit is considered , which is 60.00 lacs.
.
In this case Tax Audit is not required.
.
In this case Tax Audit is not required.
Guest
Guest
(Expert)
27 January 2012
TAX AUDIT NOT REQUIRED U/S 44AB
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