IF the turnover of assessee is below Rs 50 lacs but profit
declared is less than 5% of turnover . IS he subject to tax
audit?
- 3 Answers
- 5271 Views
- I also Faced
- E-Mail Answers
Answer Posted / rajbeer singh
yes
| Is This Answer Correct ? | 2 Yes | 6 No |
Post New Answer View All Answers
what are accounting principles
what is the difference between vat 100 and vat 120?
If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.
we issued the H form for the 1st quarter 2014-15 but in the 2A we posted the wrong TIN no of party and H form is also contains the wrong TIN No.if anybody know the correct procedure for correction of H Form kindly tell us.
how to generate H-form and procedure for generate?
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
What are the deductions under salary head?
What is process CST & Custom Duty Handle in tally Erp 9, with example.
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?
what was the VAT rate on inverters(home ups) in karnataka on 2016??
