Taxable income
This query is : Resolved
01 January 2013
sir mein ye puchnaa chahta hoon ki agr koi 1 crore ki turnover cross kar gaya hai aur usne Audit report bna li lakin sir uska net profit taxable income se nicche hai toh sir usko financial statments income tax dept. ko file karne ki zrurt hai kya?????????
01 January 2013
Yes you have file your return..and submit that data regarding your financial activity
Regards,
Neha Chauhan
Regards,
Neha Chauhan
Message likes :
1 times
02 January 2013
but i want to know dat if i wouldn't do dat is there any dispute regarding the client bcoz the income of the client is below da limit of taxable income.........
03 January 2013
you have to be prepare for the inquiry from the dept and may be imposed penalty
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
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- Tax rate change regarding
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- 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
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
