[aurangabad_ca] EFFECT OF 44AB BUDGET AMENDMENT ON SMALL CA FIRM
Dear Members,
FM has increased Tax audit limit from 40 to 60 lacs
When I checked the no. of clients whose turnover is between 40 and 60 lacs it came to 15 parties
that means these parties are out of TAX and Vat audit for AY 2011-12
So our practice is reduce by 15 Tax and vat audit
Since they are prop. also TDS compliance is out
Direct effect of budget 2010-11 on my prof. fees
There are many CA Firms whose small client will be out of Audits
There is reduction in audits
any other areas for practice?
Regards,
CA P R Parmar
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AURANGABAD_CA is a Yahoo Group for the benefit of CA and other professional. It is especially meant for written discussion within group members and circulate the information among its members. The mail may contain such research/advice/opinion/information/fact provided by any member or moderator and every contain of the mail or information of yahoo is always subject to the Accuracy and of the description of facts.
The Aurangabad_CA , its moderator/owner do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant fact(s).
Considering all above facts m the transaction based on above mail may not complete without confirming proper statue/authority/person. Therefore any action/transaction taken on basis of this mail do not imply the accuracy or value . Further this Group's Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Yahoo Group.
For Seeking any Clarification you may mail only to Group Moderator on
girishkulk@gmail.com
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