firms audit
This query is : Resolved
thotasrinivas
(Querist)
10 July 2017
why now for AY 2017-18 need to Audit when Interest n remuneration paid to partners? is there required to audit when we shown 8% profit also.?
CA Rashmi Gandhi
(Expert)
10 July 2017
No then no requirement to get audited except your turnover exceed 2 crore.
11 July 2017
Audit is not required for presumptive income
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