Missed my audit

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My turnover is 70 lakhs i have missed my audit what should i do now
Replies (5)
Why You want Tax Audit...?

Give some details then You can get exact solution from CCI.
everyone saying i should have done tax audit but my turnover not exceeds 1cr
(everyone saying) Which condition they said...?

Without details and Clarity no way for give suggestions...
So, better to Elobrate Your query with details...
my business is jio currency distribution.... my turnover is 6500000 ... i have got Commission of Rs 1.3 lakhs for this business .... now you only suggest i should just file IT or should have get audited
if the jio currency is lost in some manner. Then the loss will be brone by you?
If you bear the loss then your turnover will be 65Lacs still below 1cr.
No need for tax audit.


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