Income tax audit applicability

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my clint turnover is less then 1 lac because of covid and his business is in loss, Tax audit is applicable in this case or not
Replies (4)

Tax audit is not applicable because the turnover is within the threshold limit.

No Tax audit is not applicable

Genuine provider for BG/SBLC specifically for lease, at leasing price of 4+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

Contact : Mr. EASON RONNIE 
Email: easonronnie9 @ gmail.com
skype : keatcheng2 @ gmail.com

Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

All inquires to Mr. Eason  should include the following minimum information so I can quickly address your needs:

Complete contact information:
What exactly do you need?
How long do you need it for?
Are you a principal borrower or a broker?

Contact me for more details.

 

Tax audit is not applicable in this case because it is below the threshold limit


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