Whether 44ab turnover limit including vat/sales tax?
This query is : Resolved
22 July 2013
Dear experts.
whether 44AB Turnover limit including vat/sales tax?
for eg:
sales exluding vat- 90 lakhs
vat - 20 lakhs
total -110 lakhs
whether 44AB applicable for fy 12-13
THANKS................
whether 44AB Turnover limit including vat/sales tax?
for eg:
sales exluding vat- 90 lakhs
vat - 20 lakhs
total -110 lakhs
whether 44AB applicable for fy 12-13
THANKS................
22 July 2013
u need to check about gross turnover.
gross means without deducting anything.
hence tax audit is applicable.
gross means without deducting anything.
hence tax audit is applicable.
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