Book of account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2014
Dear All,
I have Business of Retail trading( proprietorship firm) and annual turnover are rs 60 lakh for financial year 2013-14 and my G.P. are 5% and net profit are 4.5%
My query is that should my book of Account are auditable or Not
I have Business of Retail trading( proprietorship firm) and annual turnover are rs 60 lakh for financial year 2013-14 and my G.P. are 5% and net profit are 4.5%
My query is that should my book of Account are auditable or Not
24 July 2014
Either you have to show income under presumptive income (atleast 8%), else you to get the books audited.
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