banner_ad

requirement for au dit?

1246 views 1 replies
three doctors are running a nursing home in partnership. the receipts of nursing home are more than ten lacs p.a. now the doctors are professionals, whether nursing home is required to get its accounts audited?is is a business or profession. please clarify.
Replies (1)
Dear sumit ! The doctors are doing profession and it is a partnership firm. If the professional receipts exeeds 10 lakhs obtain tax audit report before 31st October and also file their return on or before 31st October. This year such return in ITR-5 must be uploaded (e-filing) on or before 31st October.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details