Tax audit


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Querist : Anonymous

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Querist : Anonymous (Querist)
19 June 2013 Sir,
I am proprietor of business. loss occured during the financial year 2012-13 and my turn over is Rs. 55,00,000/- So TAX AUDIT is mandatory for me (Books of Accounts I Maintain)

Rupesh Jain (Expert)
19 June 2013 if you declare profit below 8% then you have to audit u/s 44AB

19 June 2013 Agree with Rupeshji

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Guest (Expert)
19 June 2013 Where it is mentioned that income below 8 % required to be audited for the persons other than covered under section 44 ad


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