Dear Sir,
please educate to me it's mednatory to Maintain GP and NP as per previous years or not a issue if Minor % up and down in current year. approximately Turnover Rs. 2 Crore GP 9% NP 4%.
FY 2020-21 Turnover Rs. 1.17 Cr GP 8.07% NP 6%
FY 2021-22 TO Rs.1.67 Crore GP 8.04%
NP 7%
FY 2022-23 TO 1.77 Crore GP 8.07% NP 6.41%
please suggest
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IT audit 44AB
Replies (1)
As per me no issues...
keep documents properly...
(generally Assessee think like to show increased value for safer side. but it's not problem)
keep documents properly...
(generally Assessee think like to show increased value for safer side. but it's not problem)
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