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Tax audit

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(Querist)
08 September 2017 Dear Sir

My Annual Sale is 25.40 lac and i got 6.30 Lac profit

so can i need to do tax audit

Please guide
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POOJA SHARMA

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POOJA SHARMA (Expert)
08 September 2017 in case of business the limit is 1 cr so it doesnt apply to you
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
08 September 2017 Agree with Pooja JI as in your case profit is shown as more than 8% of turnover & you turnover is less than Rs.1 Crore, so tax audit is not applicable in you case




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