TAX AUDIT

This query is : Resolved 

22 April 2011 One of the proprietor runs 4 propritorship firms in different names and files separate return for each firm and indivdually there turnover doesnot exceed 60lacs but all togather exceeds ths limit so whether that proprietor is required to go for tax audit requirement or not

please assist

22 April 2011 If aggregate amount of all business are exceed of Rs. 60L then tax audit is compulsory



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