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 Topics :
- Capital Gain on sale of Vacant Land- Whether Demol
- Hello dear I want help .
- Category B/D pop up after the file is e verified
- Section 56(2)(x)(xi) applicability to compensation
- How to claim exempt income u/s 10(26) in ITR-1 of
- 63053900 tax rate
- Clubbing of deceased's income
- Which ITR to use
- Sovereign gold bond capital gain
- In TDS section no column for relationship in itr
Related Topics :
CAclubindia
