TAX AUDIT TURNOVER CRITERIA

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53 Points Posted on 24 September 2022
I have a query with regard to tax audit turnover criteria


Whether inter branch sales between two branch offices located at different states will be considered as sales for the purpose of tax audit or no?
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On 24 September 2022 at 12:05 Report
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This discussion clarifies whether sales between two branch offices located in different states count towards the turnover criteria for a tax audit. The consensus is that inter-branch sales are generally not considered for the purpose of tax audit turnover as per IT rules. The focus remains on external sales transactions.

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Profession Business
28246 Points Posted on 24 September 2022
What are the transactions and turnover?
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On 24 September 2022 at 13:39
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service
25 Points Posted on 25 September 2022
No need as per IT rules
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On 25 September 2022 at 14:46

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