Tax audit for service industry

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Girdhari Agarwal (Querist)
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15 June 2016 Dear Experts,

Is it mandatory to file form 3CA, 3CB and 3CD for Tax Audit of a proprietorship co. having turnover more than 25lacs

Thanks & Regards
Girdhari Agarwal

Rupesh Jain

Rupesh Jain (Expert)
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15 June 2016 you have to do #CB & 3CD audit report..........

Ganeshbabu K

Ganeshbabu K (Expert)
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15 June 2016 Yes, you need to get your books audited if gross receipts exceeds threshold of 25 lakhs and 3CB,3CD required to be submited

Limit of 25 lakhs enhanced to Rs.50 lakhs from A.Y.2017-18 onwards