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Audit necessity
I am a Mobile currency distributor i had purchased 65 lakhs recharge voucher for financial year 2017-18 and sold only 60 lakhs recharge voucher in that financial year i have reamaining 5 lakhs as closing stock... but my profit comes in the form of Commission... now my question is whether i should get my accounts audited or not
Replies (1)
no, since your turnover is only 60 lakhs, there is no need to get your accounts audited
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