04 March 2014
suppose xyz co's turnover is 50crore and it is audited u/s 44ab in A.Y 2012-13 Now in A.Y 13-14 if turnover is only 20crore but previous year sale return in A.Y 13-14 about 30crore then there will be negtavi sales in that situation audit required or not ??????
that type of scenario possible or happen in past or noT????????
CAclubindia
