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Applicability of tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2017 Dear Experts,
In FY 2016-17 my turnover is 34 Lacs Net profit 177489 @ 5.22%

Pls clarify :- since the income is not chargable to tax I.e. below 2.5 Lacs whether in case tax audit is required or not,

Regds
Ankit jain
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
29 August 2017 audit is not applicable in this case...
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RAJA P M

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RAJA P M (Expert)
29 August 2017 Yes. I agreed to Mr Nikhil Kaushik Sir. Not applicable tax audit...
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Querist : Anonymous

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Querist : Anonymous (Querist)
30 August 2017 Sir. If audit is not applicable while filings the return whether Non audited balance Sheet & profit & loss a/c will be submitted

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