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Audit - required

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03 September 2012 I have a Proprietory Concern office for Software Development, My Gross Receipts from Sotware Development for the last year was Rs.30 lakhs, I want to know do I required to get my accounts audit as my books of accounts are showing a net loss of Rs.50,000/-, Please let me know whether to get my accounts audited or not.

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Praveen Kumar Rathi

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Praveen Kumar Rathi (Expert)
04 September 2012 yes audit is must in this case.
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