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Tax audit

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(Querist)
25 April 2013 A indivisual assessee is carring on two business( Trading) of different nature out of which tax audit is applicable to one business and not applicable to another. My question is that whether Tax Audit is applicable to another Business to Which its Turn over is below Rs 1,00,00,000/-.
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
25 April 2013 yes tax audit will be done for both the business..

my earlier comment was not correct, pardon.
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CA ASHISH GUPTA

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CA ASHISH GUPTA (Expert)
25 April 2013 Tax audit will be applicable for both business.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
25 April 2013 If turnover limit is crossed Tax Audit is applicable for both business.
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