I am engaged in wholesale business and also have a commission agency. My turnover from wholesale business this year is Rs.38 lakh while my commission income is Rs.5 lakh. Do I have to get my accounts audited since the total is exceeding Rs.40 lakh?
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Section 44AB - Is it necessary to do Tax Audit?
Replies (1)
If your both the business are in proprietorship, then you will have to get your accounts audited.
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