Please Help: income Tax
Posted Date : 15-Mar-2017 , 12:45:14 pm | Posted By Shweta
Tax Audit when profit less then 8 %
Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 228


Comments
Ashish
27-Mar-2017 , 11:45:44 amAS PER INCOME TAX ACT IF YOUR PROFIT IS LESS THEN 8%, THEN YOU HAVE TO SUBMIT AUDIT REPORT TO INCOME TAX DEPARTMENT. HOWEVER IF YOUR INCOME IS EQUAL TO OR MORE THAN 8% THEN THERE IS NO NEED TO SUBMIT ANY AUDIT REPORT TO IT.