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IT audit

sajeer k (accounts officer) (177 Points)

27 November 2018

when a business compulsory for audit

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Hitesh (Student) (3549 Points)
Replied 27 November 2018

Didn't get your query

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prasad Nilugal (3914 Points)
Replied 27 November 2018

As per section 44 AB of the Income Tax act 1961 total sales , turnover exceeds 1 crore Audit is mandatory .
As per section 35 of the CGST act 2017 , your turnover. exceeds 2 crore Audit is mandatory under GST law .

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