Comment on Taxation Simplified

seenu.ii commented on 28 Jul 2013, 10:17 AM

Dear Nithin,
As I said, my net profit is just 15k is less to make 8% of turnover.
When I consult some CA, they are saying their professional charges for auditing is 10k.
Can you tell me tentative auditing cost for the traders?

is this ok if I show my net profict as more (to make it more than 8%) and pay tax accordingly?

Some CA’s are asking, last year ITR reports for this year AUDIT. but last year i did not file ITR, i was in loss by some margin.

Best regards,
Srinivas

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