Requirement of tax audit

1. 

   H S M KAMATH New Member

   If the gross receipt during fy 2013-2014 of a partnership firm is less than Rs. 1 Crore and the
   
   net profit after allowing interest on capital to partners is less than 8% of gross receipts , is tax
   
   audit mendatory?

    

   H S M KAMATH, Jul 23, 2014

   #1
2. 

   Chandrashekar M Active Member

   not mandatory

    

   Chandrashekar M, Aug 16, 2015

   #2

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