Comment on Notice under Section 139(9)? - Possible reason

Nithin Kamath commented on 27 Sep 2014, 11:57 AM

If your other income (business/profession) is 3lks, firstly that will also have a turnover based on which you generated this income. But yes, if your profit >8% of both the turnovers combined, no need of audit.

View the full comment thread »