TAX AUDIT
This query is : Resolved
22 April 2011
One of the proprietor runs 4 propritorship firms in different names and files separate return for each firm and indivdually there turnover doesnot exceed 60lacs but all togather exceeds ths limit so whether that proprietor is required to go for tax audit requirement or not
please assist
please assist
CA Navin Jain
(Expert)
22 April 2011
If aggregate amount of all business are exceed of Rs. 60L then tax audit is compulsory
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