Salary above 1 crore and audit

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20 Points Posted on 26 July 2024
Sir a person get salary above 1 crore and get interest from savings and deposit but have no business, required audit ? pls..
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On 26 July 2024 at 12:43 Report
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Quick Summary
This discussion clarifies whether an audit is required for an individual earning a salary exceeding 1 crore, even with additional interest income from savings and deposits, but without any business operations. The consensus is that an audit is generally not required in such a scenario.

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SEO Sai Gr. Hosp.
25 Points Posted on 26 July 2024

No.                             

1 Reply
On 26 July 2024 at 13:53
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20 Points Posted on 26 July 2024
Thanks Sir
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On 26 July 2024 at 15:40
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SEO Sai Gr. Hosp.
25 Points Posted on 26 July 2024

My Pleasure.                    

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On 26 July 2024 at 16:13
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20 Points Posted on 16 October 2024

Thanks for the perspective. Really opened my eyes! URL

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On 16 October 2024 at 12:13
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SEO Sai Gr. Hosp.
25 Points Posted on 16 October 2024

You are welcome.               

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On 16 October 2024 at 13:35

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