CA Audit

Others 287 views 4 replies

Plz inform if turnover is 125 Lakh to CA audit jruri hai ? FY 2016-17

Replies (4)

अगर 44ad लागू हो शकता हो तो जरूरी नहीं है।

if paid presumptive tax under 44AD paid....then no need
Dhirajlal Rambhia Sir,
Hindi - great ☺
If you are showing income u/s 44AD then no need to audit. But if less than 8% income is shown then that also needs to be audited u/s 44AB(e). But if are showing profit as per other than 44AD then audit is mandatory even if more than 8% profit is declared (which no one should practically do).


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