Interested to Buy Any Domain ? << Click Here >> for more details...
What is tax audit
- 27 Answers
- 71849 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rakesh gupta
Tax audit is done for valuating of income tax if the
company or partnership firm has turnover exceeds 40 lacs in
one previous year or for profeessional the gross fees
should be more than 10 lacs as per Sec 44AB of income tax
act 1961
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / karthikeyan
Tax Audit is done if gross turnover of an assessee exceeds
Rs.60 Lac on a/y 2012-13. this audit should be verified by chated accountant
and issue the tax audit report.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / yana gupta
Tax audit is a audit which is done to check that the company is complying all the statutory requirement relating to taxation , under this audit tds deduction , due date of depositing the tax, tds rates , form issued for deduction of tax etc. are done. A company having turnover more than 40 lacs is covered under this.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / asmita
Tax audit is a audit conducted by an auditor for purpose of auditing tax.....
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / lejone mpotjoane
Tax Audit is an independent examinition of the Taxpayer's
Tax returns, books of accounts and records in order to
determine the correct amount of tax to be paid
| Is This Answer Correct ? | 4 Yes | 8 No |
Answer / monika
In case of company tunover is 40 lac or above Then company
is Liable to audit the account By chated Accountant. In
case of indvidual tunover is 10 lac then is liable to audit
the accounts by chated accountant
| Is This Answer Correct ? | 17 Yes | 31 No |
Answer / ratan
Tax audit is compulsury for Company have turnover more than
30 Lac, and Individual have turnover more than 10 Lac.
| Is This Answer Correct ? | 6 Yes | 34 No |
what is the time of pf return, and how can calcualte the pf inertest.
Why do you want to join the Accounting profession ?
Explain the basic principles of an internal audit controlsystem?
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
cost audit system
can external audit be seen as merely an overhead cost adding no value to the orgnisation
what is a balance sheet
11 Answers Cognizant, State Bank Of India SBI,
whether postpaid telephone expenses can be taken under prepaid expenses when advance payment made by a/c payee cheque for the month of march.
3 Answers Agarwal Associates, UHG,
Audit strategy based
How do you manipulate accounts?
is there any preference in language can i give my interview in hindi
1 Answers State Bank Of India SBI,
plz guide me about study?
Audit 
