Hi All,
There is one hotel industry-LLP,having turnover less than 1 cr,showing profit of more than 8% in books,but cash receipts and payments are more than 5%
Whether tax audit will be applicable or not?
Thanks
Snehal Padhiyar
Hi All,
There is one hotel industry-LLP,having turnover less than 1 cr,showing profit of more than 8% in books,but cash receipts and payments are more than 5%
Whether tax audit will be applicable or not?
Thanks
Snehal Padhiyar
No, not applicable.
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