Tax audit u/s 44ab
This query is : Resolved
Guest
Guest
(Querist)
22 December 2017
For the purpose of tax audit u/s 44AB, Whether T/O should include VAT or not, please clarify the reason if included and if not included........?
CA Prateek Dua
(Expert)
02 January 2018
see,if vat(gst) would be included, most of the assesses would be covered in this section as their T/O will be increased by so much amount of VAT(gst). This section demands a pure T/O so that it can be noticed that who is covered beyond the limit of turnover n he has to get his accounts audited.
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
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
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
