Assistant Manager Taxation
508 Points
Joined March 2008
first u shud clear it out whether the total turnover if both the concerns is INDIVIDUALLY above Rs. 40 crores.
if yes,, then. u shud file the separate tax audit report bcz, other than being a single owner there are many other points affecting the same..
at the end u hav to disclose the GP , NP & stock turnover ratio which cnt be same if the sales, closing stock & net profit figure varises from each other
REGARDS