Vat audti


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 July 2012 Dear Sir/Madam

What is VAT Audit? Is this mandatory?

28 July 2012 For those registered dealers having turnover as contemplated in Income Tax..... VAT audit is compulsory.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 July 2012 Thank You Sir,

That Means as per IT Act 44Ab applicable dealers only have to do the VAT Audit

29 July 2012 It depends upon your STate Act. There are certain states in which the turnover is fixed as 60 lacs for VAT audit and tax audit is different.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now





Unanswered Queries



CCI Pro



Answer Query



Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details