Whether specified assesse requires his books audited?
This query is : Resolved
27 July 2013
Dear Experts,
One of my client has maintained books of accounts having below details;
Sales TO -60 lakhs
Net Profit- Rs 185000/-
Other Income- Rs 45000/-
Whether his books need to be audited? please help me..
One of my client has maintained books of accounts having below details;
Sales TO -60 lakhs
Net Profit- Rs 185000/-
Other Income- Rs 45000/-
Whether his books need to be audited? please help me..
27 July 2013
Audit is NOT mandatory if the status of your client is 'INDIVIDUAL'. Please see section 44AD(5).
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