Tax audit 8% issue
Querist : Anonymous
In FY 2016-17 our turnover is below 1 crore also the NP is below 8%
Pls clarify whether Tax audit will be applicable or not,
I have heard that from FY 2016-17 this issue of 8% is irrelevant in respect of tax audit?
Thanks
Mukesh
Querist : Anonymous
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