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%
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 22 June 2017
You are required to get audited as your profits are below 8% of turnover.
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 22 June 2017
You are required to get audited as your profits are below 8% of turnover.
CA Bhargav Nathwani
(CA in Practice)
(8307 Points)
Replied 22 June 2017
| Originally posted by : Rashmi Gandhi | ||
 |
You are required to get audited as your profits are below 8% of turnover. |  |
Agreed
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