banner_ad

Tax audit

Others 399 views 10 replies
User Avatar

13 Points Posted on 23 February 2019

is tax audit compulsory for companies

0 Reply Share Follow
On 23 February 2019 at 10:42 Report
Replies (10)
User Avatar

Accounts Executive
749 Points Posted on 23 February 2019

If your turnover is more than 1 Lakh,when you need tax audit

Reply
On 23 February 2019 at 11:26
User Avatar

36 Points Posted on 23 February 2019
Sir tax audit apllicable when company exceeds turnover limit
Reply
On 23 February 2019 at 12:05
User Avatar

Accounts Executive
749 Points Posted on 23 February 2019

Sorry,Typing error, 1 cror.

Reply
On 23 February 2019 at 12:25
User Avatar

36 Points Posted on 23 February 2019
But for compnies statutory audit compulsory irrespective of turnover
Reply
On 23 February 2019 at 12:27
User Avatar

Accounts Executive
749 Points Posted on 23 February 2019
yes.stautoty audit compulsory for company.
But tax audit is an audit made compulsory by the income tax Act,if the turnover/gross receipts of the assessee reaches the specified limit.
Reply
On 23 February 2019 at 12:46
User Avatar

CA FINAL ASPIRANT
3115 Points Posted on 23 February 2019
if your t.o. exceeds 1 crore INR than it is liable for tax audit
2 Reply
On 23 February 2019 at 13:19
User Avatar

13 Points Posted on 23 February 2019
ok sir. Thank uu
Reply
On 23 February 2019 at 20:26
User Avatar

CA FINAL ASPIRANT
3115 Points Posted on 23 February 2019
you are most welcome😊
2 Reply
On 23 February 2019 at 20:46
User Avatar

7059 Points Posted on 26 February 2019
thank you and congratulations
Reply
On 26 February 2019 at 19:42
User Avatar

CA FINAL ASPIRANT
3115 Points Posted on 07 March 2019
most welcome sir
Reply
On 07 March 2019 at 22:37


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details