Tax audit u/s 44ab
This query is : Resolved
23 December 2011
Dear Experts...!!!!!!!!!!11
I have doubt on Tax audit u/s 44AB
W.e.f A.Y 2011-12 Limits for fall into tax audit
Turnover incase of
Business--- 60Lakhs
Profession --15Lakhs
My doubt is can i take turnover for the above purpose includes all taxes..???????
give me any provisions on that issue...!!!!!
Thanks in advance
I have doubt on Tax audit u/s 44AB
W.e.f A.Y 2011-12 Limits for fall into tax audit
Turnover incase of
Business--- 60Lakhs
Profession --15Lakhs
My doubt is can i take turnover for the above purpose includes all taxes..???????
give me any provisions on that issue...!!!!!
Thanks in advance
23 December 2011
Yes you shall consider turnover include excise duty,VAT/sale tax if any.
Because turnover means exact amount of sales to customer/client. exact amount means incluse All taxes in sale of particular product/article.
Because turnover means exact amount of sales to customer/client. exact amount means incluse All taxes in sale of particular product/article.
Message likes :
1 times
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- 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
- 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
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
