Tax audit of a proprietor concern
This query is : Resolved
Bharath Jain
(Querist)
18 August 2015
Dear All,
One of my client is the proprietor of two businesses. One of the business is a trading activity and the other one is interior decoration.
The turnover in case of trading activity is above the tax audit limit and gross receipts from profession is also above the tax audit limit.
How do i e- file the tax Audit Report.
One of my client is the proprietor of two businesses. One of the business is a trading activity and the other one is interior decoration.
The turnover in case of trading activity is above the tax audit limit and gross receipts from profession is also above the tax audit limit.
How do i e- file the tax Audit Report.
Amol S Joglekar
(Expert)
18 August 2015
No problem! Consolidate the figures and e file the same.
Upload 2 balance sheets along with consolidated balance sheet, 2 profit and loss accounts along with consolidated one.
Upload 2 balance sheets along with consolidated balance sheet, 2 profit and loss accounts along with consolidated one.
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Bharath Jain
(Querist)
18 August 2015
But in the Tax Audit Report, the ratios have to be mentioned, how do mention them.
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