Tax Audit
This query is : Resolved
28 October 2017
Assessee has two businese proprietary firms. One has profit above 6%, other's is below 6%. Turnover put together doesn't exeed 2 crores. Whether tax audit is required for both firms.
28 October 2017
Tax Audit to be done for each and individual business only. In your case, the profit below the prescribed percentage only to be Audit.
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