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Turnover for audit under Karnataka VAT

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(Querist)
23 August 2010 Dear experts,

When audit under karnataka is mandatory.

is the turnover which is not taxable say service charges received shoul also be considered for calculation of turnover.

Thanks in advance
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 August 2010 Prsently Rs.40 lakh Turnover limit

For FY 2010-11 Onwards Rs.60 lakh

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