One of my Client has Gross Turn Over of Rs 1.34 Crore and has all Transactions are Non Cash Transaction, Whether Rs 2.00 Crore Limit of Audit applicability is applicable to Him, Net Profit is about 7.5%
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Applicabe limit for audit u/s 44ab
Replies (3)
You are required to get audited as your profits are below 8% of turnover.
You are required to get audited as your profits are below 8% of turnover.
| Originally posted by : Rashmi Gandhi | ||
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You are required to get audited as your profits are below 8% of turnover. |  |
Agreed
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