44AB. 50Every person,—
[a] carrying on business shall, if his total sales, turnover or gross receipts, as the case may be, in business exceed or exceeds one crore rupees in any previous year; or
MY QUESTION IS - IS IT SALE DIFFERENT FROM TURNOVER ?
AND IF I PURCHASE GOODS WORTH 1 CRORE OR ABOVE, SHALL I HAVE TO GET MY A/c AUDITED ?
Menu
Audit of accounts of certain persons carrying on business or profession.
Replies (1)
Recent Threads
- TDS - requirement of TDS by individual under presu
- Built a tool to automate Bank Statement to Tally e
- Normal Register in GST in delhi in gujarat no rece
- ITC availment relationship
- Challan confusion in ITR B block return
- U/s 23 (2)(a) and 23 (2)(b)
- Building a Strong Financial Foundation: Key Accoun
- Long Term Capital Gains for shares
- Hiring Company Secretary Manager with 2 Years of P
- Updated Return _ Deduction
Related Threads
CAclubindia
