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.
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