Sir,
my gross profit is 6.31% and net profit 8.91% Please advise can we need for tax audit.
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Tax audit report
Replies (3)
What's your total turnover
Sir, my turn over is Rs. 7956231/-
A taxpayer is required to have a tax audit carried out if the sales, turnover or gross receipts of business exceed Rs 1 crore in the financial year.
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