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(Querist)
08 September 2017
If profit 8% or more then so can we do tax audit

or less then 8% then we do
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
08 September 2017 If turnover exceeds 1 Crore than liable for audit in all cases,
And if turnover is less than 1 crore & profit is claimed lower than 8% than liable for audit
And if turnover is less than 1 crore & profit is claimed higher than 8% than not liable for audit

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