friends
i want to know about tax audit, if u have ny idea related to the same please let me know
thanks in advance
divva
(Industrial Trainee @ Ashok Leyland)
(348 Points)
Replied 20 June 2012
Tax audit - Its as per requirement of sec 44AB of income tax act,1961.
As per the above provisions - Every person carrying on Business whose sales turnover exceeds 60Lakhs & incase of profission if turnover exceeds 15lakhs has to get his books audited.
Report has to be sumited in Form 3CA - if audit is required under any other law & Form 3CB - if no audit is required under any other law. particulars has to reported in Form 3CD
CA Dinesh Kumar
(Finance & Accounts Officer)
(112 Points)
Replied 20 June 2012
Hi Saurabh
i hope this file will beneficial to u.
Regards
CA Dinesh Kumar
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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