An assessee has turnover more than one crore rupees, but his total income is less than two lakh rupees. So is it okay if he gets his books of accounts audited i.e, tax audit & does not file ITR?
Menu
Applicability of sec 139(1)
Replies (3)
Yes, for Tax Audit we have to see Turnover ....nothing to do with Total Income...so return in the above case to be filed befor Sept 30,2013 with Tax Audit Report..
filling of ITR is mandatory for assessess falling under tax audit...
Tax audit will apply. Last date 30th September.
Recent Topics :
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
Related Topics :
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
