Dear Seniors,
if Person engaged in profession is
1) having loss from profession fees received during year 20,000 only but expenses incurred more like telephone ,travelling, depriciation
2) Maintaning books filling ITR 3 Since last 6 Years
3) Total income is 5,60,000/- ( loss from profession +rent income from HP)
Do he required to get books audited?
CAclubindia
