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Audit

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25 August 2011 if any person have two firms out of these one firm have 30 lacs turnover and another firm have 35 lacs turnover, then there is any complusion of audit or not. give me answer with reason plzzzzzzzz.......................
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
25 August 2011 yes, you are require audit, becoz total TO is 65 lacs.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
25 August 2011 Tournover count assessee wise. so 30 + 35 = 65 lakhs limit = audit require.
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