Tax audit and books maintain

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2017 Dear Experts,
My turnover is 6 Lakh and Net profit is 6.4% in AY 2016-17, Pls clarify weathet tax audit will be applicable or not,

Also tell me will i have to maintain the books of accounts for the same?

Regds
Anshul

30 March 2017 Tax audit not applicable in view of income below taxable limit and no need to maintain accounts.

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2017 Sir, No P/L Accounts & Balance sheet will be file on filing ITR 4,

Right...

30 March 2017 It will fall under no account case no need to file P&l and bs.


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