Audit of a cement trader

This query is : Resolved 

02 May 2013

sir,
My client is a trader dealing in cement.His turnover is less than Rs.1crore,he wants to get his books of accounts audited for bank loan purpose.
I am a new, just qualified CA, please guide me about how to perform the given task.

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Guest (Expert)
02 May 2013 as per clause C of Section 44AB . you can do it , if net profit is less then 8% of Turnover
for detail email vivektrivedi1411@gmail.com

Profile Image

Guest

Profile Image

Guest (Expert)
02 May 2013 as per clause C of Section 44AB . you can do it , if net profit is less then 8% of Turnover
for detail email vivektrivedi1411@gmail.com


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