05 December 2014
my client is a contractor and he have received 105,52,960.00 as gross receit including EPF, Service Tax, Labour & Wages ESI & Bonus amounting Rs. 17,92,182.00, 3,39,118.00, 66,97,847.00, 5,27,169.00 & 3,12,347.00 respectively. In this circumstances I want to Know whether Audit is required or Not. If No, what is tax treatement. PLZ Advice Me. Thanking You.