17 August 2011
If my turnover is 60 laks (i.e. non auditable as per section 44 AB) and my net profit is below 8 % as specified in section 44 AD, Still is it compulsory to get books of accounts audited ?
As per my opinion, we are strictly follow section 44AB and not to confuse ourselves!!! M I correct or if not, please correct me?
CAclubindia
