Vipin Kumar Jain (CA) 06 March 2010
I came to know if turnover is more than 40lakh then a Vat Audit is require. And if turnover is below 40 lakhs then Balance Sheet etc. require to submit with department. Can anyone help me on above.
When Balance Sheet etc. to be submitted ?
Under which section/rule ?
jasvinder (business) 21 March 2010
vat audit is required only if turnover is above 1 crore
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