Sec 44ab,44ae
This query is : Resolved
Garre susmitha
(Querist)
24 July 2012
Respected Sir/madom,
If the assessee having less than60 lakhs turnover &he is also showing less than8% profit is it necessary to require to maintain thier books&to be audited?
If the assessee having less than60 lakhs turnover &he is also showing less than8% profit is it necessary to require to maintain thier books&to be audited?
CA mahesh birla
(Expert)
24 July 2012
If the assessee have Total income exceed taxable ceiling then he has to keep accounts and get them audited.
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