Only Sale of service provider by individuals, Pvt ltd and LLP limit are 1 Cr. For tax audit or not?
Menu
Audit related query
Replies (3)
refer section 44 AB and 44AD. For more detail click on below link
https://www.profzilla.com/blog/post?seo=Tax-Audit-and-the-Presumptive-Taxation&cat=1&id=17
Plz let me know if Pvt ltd company turnover is less than 1 Cr then they can show profit 5.5 percentage or not without tax audit?
If less than 1cr then Tax audit not applicable.
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
