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Tax Audit

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(Querist)
21 September 2009 Dear Friends,
Is it necesssary to conduct tax audit of accounts of an INDIVIDUAL every year subsequent to the year when tax audit is 1st carried out.In my case my receipts for the a.y.2009-10 do no exceed Rs.10 lacs.I got my accounts audited for a.y.2008-09 as my receipts were more than rs.10lacs..
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
21 September 2009 No need to tax audit in a.y 2009-10.
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
21 September 2009 Agree with expert.
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