TAX AUDIT
This query is : Resolved
03 December 2020
in A.Y 2019-20 Turnover 9400000/- and profit less then 8 % audit is done as per rules in a.y. 2020-21 sale 125000 and business close profit approx. 10000 should i need to do 5 year compulsory audit.
28 December 2020
Tax Audit is only required if the turnover excceds the limits prescribed.
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