Tax Audit
Querist : Anonymous
TAX audit is required for an individual who is carrying business in his individual name , tunover is less than the reuqired limit but income is more than the turnover limit for audit?
but wat income made his profit more than 60 lacs
Querist : Anonymous
So for audit turnover is considered and not profit ? whether profits is more than 60lacs or less irrespective of that only turnover considered ?
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