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Tax Audit- urgent
How to conduct audit when no books of account maintained by assessee n Turn over exceeds 1 crore?? Plz help urgently
Replies (5)
Ask management to prepare Books of accounts.Aren't they liable to VAT??
or prepare their books of accounts using bank statements , 26AS etc
They also are liable for vat bt didn't take any registration
It looks like risky
Plz give me suggestions whtevr possible
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