Audit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2014 my sales t.o. is 67 lacs and my profit ratio is less than 8%,

so i have to do audit but do its have format like tax audit u/s 44AB. or only certify ITR,Computation, P&L, BS and Annex is enough and we can count as audited.

thanks every experts

Guest

Guest (Expert)

30 May 2014 yes you have to audit... and audit have same rules and forms required for everyone...

Rupesh Jain

Rupesh Jain (Expert)
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30 May 2014 you have to take audit report u/s 44AB with form 3CB and 3Cd .

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Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2014 but only compulsory audit has form 3cb and 3cd u/s. 44ab if t.o. is 1 crore

so if less then 1 crore required also audit u/s 44ab form 3cb and 3cd