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Tax audit

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25 September 2013 My Last year gross receipt was 104 Lacs and this year (P.Y. 2012-13) gross receipt is 95 lacs only. Is it compulsory for me to get Tax Audit Done this year also?????

25 September 2013 its not compulsory.

25 September 2013 You are telling it is gross receipts..
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if you are professional tax audit limit is for 25 lakhs
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if your's is business tax audit limit is 1crore and hence not required to get your books audited




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