Tax Audit Applicability Proprietor firm

Kishore Nuthalapati (Accountant for multiple small entities)   (147 Points)

10 June 2023  
Hi Sir/Madam

we are looking after Accounts of a proprietor firm who are in to house keeping and securities

For Financial year 2022-23 Turnover is 5.6 crores

all receipts and payments are in non cash mode only like all are done through internet banking

Please advise whether Tax audit can apply or not