20 January 2016
if my client is HUF he is run hospital t/o is 20lakh and canteen service provide 25lakh my client firm is audited or not with reason plz provide answer
21 January 2016
As per sec 44AB applicable if gross turnover exceed Rs 1 crore you have to get audit your books of account. But in your case it is less than 1 crore. You are not coming under preview of tax audit.