Balance Sheet Audit

Mera 2017-18 mein turnover 1.96crore hai.Main balance sheet audit krana chahta hun? kya balance sheet audit ho sakti hai.
Replies (9)

Under which Act/provision and for what purpose you want the audit done? There are specific requirements and reporting criteria under different laws.

for Bank loan
As your turnover is more than Rs.1 crore, you are compulsorily required to get your books audited...
hello ma'am, mujhe bank mein business loan karana hai usi ke liye balance sheet chahiye thi. baad mein koi problem to nhi aayegi.
No more any Provision in Income Tax Return For Bank Loan related...

ITR only based on Your nature of Business income and It's filing process. Bank will be provide loan based on Your ITR and Your Company's other activities...
Sirf loan ke liye audit compulsory nhi hai lekin yaha turnover 1 crore se jyada hai isliye audit compulsory hai .......
Thanks ji..
Welcome...... my pleasure......
For Based on Bank it's not a matter...

In case a Assessee opt sec 44AD and his T/O is less than 2cr (1.95laksh and applicable business). Then
Bank will be restrict this ITR...?

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