Tax Audit Applicability

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Tax Audit Applicability
Query (Issue) Started By: - Bipin Parmar Dated:- 8-7-2021 Last Reply Date:- 12-7-2021 Income Tax
Got 2 Replies
Income Tax
Dear Experts, Whether sale of TDR (by de .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... veloper) counted in Turnover for the purpose of applicability of tax audit? If yes what would be tax audit limit for pvt. ltd co? If it declares profit less than 8% or say loss then will it be require .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d to get it's accounts audited? Thanks Bipin Reply By ARVIND JAIN: The Reply: Yes TDR sale is to be counted for Tax Audit Limit which is ₹ 1 Cr and Sec 44AD provision of declaring 8 % pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ofit is not applicable for Co. Reply By Bipin Parmar: The Reply: Thank you sir for your response.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X