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Tax audit implication

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(Querist)
18 December 2015 1.An individual conducts one profession and one business.Turnover from profession is 27 lakhs and turnover from business is 72 lakhs for FY 14-15.Sir,what will be tax audit implications on the above?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
18 December 2015 audit will be applicable straight away based on professional receipts.
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Ankur Singhal

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Ankur Singhal (Expert)
19 December 2015 Dear Ameya
Audit of Profession as well as Business since professional Receipt exceeds limit i.e Rs.25lakhs.

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