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Tax audit requre or not ?

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 September 2013 My total sales is Rs. 78 lacs do i need to do tax audit u/s 44ab or its enough to having regular books of accounts maintained ?

thanks experts
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CA Parul Saxena

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CA Parul Saxena (Expert)
02 September 2013 No need of tax audit as taxable limit of Rs.100 lacs is not crossed.
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Rajat Poddar

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Rajat Poddar (Expert)
02 September 2013 agree with expert... no need of tax audit as limit is 1 crore..




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