Comment on Taxation Simplified
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