Fy-2016-17....accounts required to be audited or not


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Querist : Anonymous

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Querist : Anonymous (Querist)
24 May 2017 SIMPLE PARTNERSHIP FIRM...FY-2016-17.....GROSS RECPT- 42 LAC.....MAINTAINING ALL BOOKS OF A/C..MANUALLY........MANUALLY........SHOWING PROFIR BELOW 8%......THEN ACCOUNTS TO BE AUDITED..???...............CA & TAX EXPERTS HAVE ...2 DIFFERENT VIEWS.......60% SAYING..AUFITED......40% SAY NO NEED TO AUDIT....?????...............EML--- LOOK4U@REDIFFMAIL.COM...

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Expert : Anonymous

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Expert : Anonymous (Expert)
24 May 2017 yes , audit need to be done

13 October 2021 What is nature of business?


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