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Audit applicable or not

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(Querist)
04 May 2017 dear sir if total sales during the year 2016-17 is 8656189 in then audit is applicable or not .
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CA Idris M K

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CA Idris M K (Expert)
04 May 2017 From FY 2016-17 Audit is applicable in cases were Turnover (sales) is more than 2 crores.

However audit will also be applicable in cases were Turnover (sales) is less than 2 crores, but the business concern wants to declare Net profit less than 8% of the TO
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