Audit Case

income tax filing for audit cases. tax audit is an audit mandated by income tax law for business/professional income which is to be conducted by a chartered accountant. the audit has to be done if the turnover from business/trading or profession is more than ₹ 1 crore or ₹ 50 lakh respectively.

Original price was: ₹4,999.00.Current price is: ₹4,499.00.

Category:
Audit Case
Audit Case - Image 2

Description

This plan is for you, if you have

  • business turnover of more than ₹ 1 crore
  • stock market intraday and f&o trading turnover* of more than ₹ 1 crore
  • professional income of more than ₹ 50 lakh
  • any other sorts of income

This Plan is not for you, if you have/are

  • if you have chosen / would like to choose presumptive taxation (44AD/44ADA/44AE)
  • income from Crypto Assets

 

note

  • *turnover should be calculated as per income tax law, not just sales value. you can find your turnover in the tax profit and loss statement of your stockbroker.
  • *audit fee will be additional
  • *preparation of books of account (day book & ledgers) and financial statements (balance sheet and profit and loss account) will be charged extra if applicable
  • *additional charge of ₹ 150/year is applicable in case of salary/pension arrears.
  • *income tax notice handling is included (other than scrutiny assessment notice)
  • *capital gain statements should be in a standard format; otherwise additional charges will be applicable.