Is audit reqire ?
This query is : Resolved
Praveen Jain
(Querist)
20 March 2014
Dear sir/Maim
Is Audit of Final A/c is Required if Sale below 10 lacs & Net Profit Ratio is 0.50%
rgds
Praveen Jain
Is Audit of Final A/c is Required if Sale below 10 lacs & Net Profit Ratio is 0.50%
rgds
Praveen Jain
Nikhil Kaushik
(Expert)
20 March 2014
No need if the overall income from all the sources is less than the exempted limit.
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