Auditor Office in Anna Nagar.
Tax Audit based on Nature & Size of the Company

A Tax Audit is made compulsory by the Income Tax Act if the annual gross turnover/receipts of the assesse exceed the specified limit.

1. Turnover More than1 Crore / 5 Crores with certain conditions 
2. If % Net profit is less than 8%
3. If % Net profit is less than 6% only if gross total turnover or receipts received through banking mode & not by Cash
4. Tax audit is conducted in Sec 44AB of the Income Tax Act,1961 by an Auditor in Anna Nagar.

Due Date: 30th September of the Current Financial Year