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Relaxation from tax audit

This query is : Resolved 

24 August 2012 one of my friend having business of milk distribution /supply. but he done turnover of 1.5 cr in last year. as we know there is a 3-4 % profit margin in said business. is there any relaxation given in tax audit to such kind of business.

need your valuable feedback !

24 August 2012 Tax audit doesn't relax any type of business.

OM SAI SRI SAI JAI JAI SAI

24 August 2012 No there will be no relaxation as the T/o Exceeds the limit of Rs 60 Lakhs


24 August 2012 There is no such relaxation.
You have to get the books audited.

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25 August 2012 Tax audit is mandatory in above case.



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