Audit detailed

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if a person having turnover less than 1 cr and profit above 250000 whether he is required to get his account audited.and he is not opting for 44 ad .plz explain.
Replies (4)
Pls explain nature of business.
Retail sale of cement, stone crusher etc
SIR IT DEPENDS ON 26AS AND OTHER COMMISSIONS FROM COMPANIES FOR SALE RECEIVED SIR
But it's not a company.a proprietary firm and turnover less than 1 cr and profit above 2.5 lacs

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