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Audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 April 2013 Respected sir/madam
I am having a doubt that if a person is having a business turnover of rupees 75 lac's, and he his profit is less than 8 percent and he is maintaining books of accounts so whether he has to get his books audited before filing a Return or he can file return without geting his books audited. and I don't want to show his income Under section 44AD.

12 April 2013 If his gross total income exceeds the basic exemption limit then required to make tax audit other wise tax audit not required.

OM SAI SRI SAI JAI JAI SAI


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