My one client turnover below rs. 1 Crore and also declare income more than 8% of turnover. but he still wants to audit his account. can we do so? if yes, then under which section it would be audited? please reply fast?
13 September 2017
As per me audit is not possible under income tax act for your client under income tax act, rather he can carried out audit of its own motion but he is not required to file the audit report to any statutory body
CAclubindia
