Applicability of Tax Audit to LLP-Hotel Industry

Tax queries 75 views 1 replies

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

Replies (1)

No, not applicable.              


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