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Tax Audit is compulsory to whom?
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Answer / thakur
Tax audit limit has been enhanced from f.y. 10-11
it is now 60.00 lac annual
| Is This Answer Correct ? | 29 Yes | 3 No |
Answer / rajkumar jankar
tax audit is compulsory for those who are having the
turnover exceeding 60,00,000.(F.Y. 10-11) they have to do
the tax audit compulsory
| Is This Answer Correct ? | 21 Yes | 2 No |
Answer / kamlesh
tax audit is complusory for those who have turnover of 1
carore
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / manojs
1.an assesee who's carrying business where his sales or
gross receipts is more than 40 lakhs
2. a person carrying profession who's income is more than
10 lakhs
3.a person falling under44ab, af,br,declaring lower income
than prescribed above
| Is This Answer Correct ? | 19 Yes | 11 No |
Answer / sujay
Tax audit limit for Profession has been enhanced from f.y.
10-11 it is now 15.00 lac annual
| Is This Answer Correct ? | 12 Yes | 4 No |
Answer / vikas mittal
tax audit is compulsary to exceed turn over 1 crore and 2500000 rs exceed for professional.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / jagriti
tax audit is complusory for those who have turnover of 60
lacs in case of business and receipts of 15 lacs in case of
profession.
| Is This Answer Correct ? | 10 Yes | 3 No |
Answer / gajanan
for proffession it is rs.1500000
and those whose turnover exceeding rs.6000000 tax audit is applicable..
| Is This Answer Correct ? | 2 Yes | 0 No |
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
Please tell me about service tax? And service tax latest rate?
30 Answers CDS Technologies, Decoplast, Goods Transport, Jay International, TATA, The Institute of Computer Accountants,
what ate the difference between tds and income tax and which form is used for deposit tds and income tax.give me detail infromation about this question.
There is a Service Bill of Rs.50,000 & Service Tax added 10.30% & We have to deduct TDS @ 2%. Assume that Service Tax Input Credit available to Ur Co. What is the Journal Entry for this?
23 Answers A Cube Solutions, HCL, Motorola,
why VAT not charged in deemed sales bill.
if an organisation has deductd tds of consultancy and if that consultancy is not libal to pay tas for that financial period then the tax has already deducted by other organisation,then can that consultancy has a right to get the deducted tax return, and if yes what is the procedure to get the amount return
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
Service tax on rent (immovable property)?
I have two sons & 10lacs money which is from my arrear how I can save more tax ?.......Can I give them gift 5lakh each which neither taxable for my son nor for me...........?
1. what are the ledgers to be open for service tax accounting & under which group in tally? 2. what is the journal entry to be pass when adjusting input & output service tax at the end of the month? Regards Sakthivel sakthi_135@hotmail.com
I had purchased a plot in Nov. 2002 for Rs 18lacs and spent about 20Lacs on its construction. Property is jointly owned by me with my husband in the ratio of 1/3:2/3. I am selling this property for 3cr. How much capital gain I/we have to pay? And can it be set off by purchasing new residential property? If so, can we purchase two separate residential properties, one in my name and one in the name of my husband, which could cover the capital gain amount. Can we do so or it is only purchase of one residential property against which capital gain can be set off. Please clarify.....
WHAT IS EXCISE DUTY RATE IN HARYANA
Audit 
