A business firm whose Gross sales is less than 60 lakhs has maintained books of accounts and its NP+Remuneration+Interest exceeds more than 8% of its sales, whether such books of accounts needs to be audited or not?
please guide me..
Indudhar (Tax Advocate) (427 Points)
09 July 2011A business firm whose Gross sales is less than 60 lakhs has maintained books of accounts and its NP+Remuneration+Interest exceeds more than 8% of its sales, whether such books of accounts needs to be audited or not?
please guide me..