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

Nithin Kamath commented on 19 Aug 2013, 11:43 AM

Turnover is all credits +debits in case of options. So 1.6lks in your case and if your net profit is Rs 2000, then it is around 1% of your turnover and hence you will need the books to be audited..

View the full comment thread »