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Audit requirement needed or not???

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(Querist)
13 June 2013 Dear team.....
i have sale and purchase of share Rs. 55 Lac. it is include delivery and intraday trading. The sale purchase amount of intraday trading is 25Lac. Will i require audit in this case. Total adjusted profit is appx. 36000. is 8% G.P rate will be applicable in case of intraday trading?
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CA SMR

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CA SMR (Expert)
17 June 2013 If the profit is less than 8% of Gross Receipts,then you need to get your accounts audited.
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