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Income tax audit


11 July 2015 hi please give response to my query, If asessee has not get audited their books of account within due date and also not in reasonable time so now wether he can do so the same after six month at the end of due date?

11 July 2015 ASSESSEE HAS TO GET HIS BOOKS OF ACCOUNTS AUDITED IF THE CRITERIA OF 1CRORE FOR BUSINESS AND RS.25LAKH FOR PROFESSION FULFILLED IF HE FAILED TO GET ITS ACCOUNT AUDITED THEN IT WILL IMPOSED PENALTY.

OK PIYUSH

Regards,
Sandeep Jadhav

16 July 2015 Ok sir but my question is if tunover of business is less than 1 crore rs. and profit is also less than 8% and assessee has not yet get their books of account audited so wether he has any option to get their books of account audited for AY 2014-15 if yes than how??




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