audit required

This query is : Resolved 

09 April 2010 a firm's sales = 39 lakhs
purchases = 41 lakhs
is it require to get its accounts audit u/s 44AB

09 April 2010 No . There is no requirement to get the accounts audited since that sales turnover doesn't increased by 40 Lakhs.

09 April 2010 Agreed...


09 April 2010 AGREE TAX AUDIT IS NOT REQUIRED.

10 April 2010 Agreed.

19 April 2010 Agreed.



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