Whether audit is required or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
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.
In this circumstances I want to Know whether Audit is required or Not. If No, what is tax treatement.
PLZ Advice Me.
Thanking You.
05 December 2014
since the gross reciepts exceeds rs 100 lakhs then tax audit is required.
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