in respect of Audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2010
There is a assessee who is a proprietor of 3 proprietor concern having sales 20 Lakhs in each. Whether assessee is required to get its Books of Accounts audited ? What will be if there is sales of Rs 45 Lakhs in each concern ?
20 February 2010
Sales 20 lakh in each, he is liable for audit. if sale is rs. 45 lakh in each concern then also he is liable for audit. Means he is liable for audit in any situation.
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