audit u/s. 44 ab

Tipu Sultan (Business) (28 Points)

11 October 2010  

my gross turnover in commodity exchange transactions is 4.00 cr. for a.y. 2010-11, profit on some of the transactions is 90000.00 where as loss in remaining transactions is 167000.00 resulting in annual loss of 77000.00. other source of income is remuneration as partner from the firm and interest income.


whether i need to get the accounts audited u/s. 44AB