Net profit less than 6%
This query is : Resolved
24 July 2018
whether audit of books of accounts mandatory for turnover less than 1cr AND profit less than 6% (opting other than 44AD).
Kindly clarify with reference to Act & Rules as applicable.
Kindly clarify with reference to Act & Rules as applicable.
24 July 2018
Tax audit applicable in view of declaration of profit less than 6%.
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