Priyanka (Chartered accountant) (371 Points)
02 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 02 November 2017
" Can it very well declare profit below 8% with proper maintenance of book of account ? is there any need for tax audit"
NO; PROVIDED TURNOVER WITHIN SPECIFIED LIMIT AS PER SECTION 44AB OF I T ACT, 1961
Priyanka
(Chartered accountant)
(371 Points)
Replied 02 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 02 November 2017
YES, BUT statutory-audit-mandatory-under-companies-act-2013
Priyanka
(Chartered accountant)
(371 Points)
Replied 02 November 2017
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 02 November 2017
| Originally posted by : Dhirajlal Rambhia | ||
 |
YES, BUT statutory-audit-mandatory-under-companies-act-2013 |  |
RAMESHKUMAR
(Student)
(121 Points)
Replied 19 December 2017
below 8 % of Gross Receipts to be opt for 44AB sir,
How is it possible to unaudit this case
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