Tax audit.

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....f account audited A B 1. Where the total sales, turnover or gross receipts from business or profession during the tax year of any person who-- (a) is carrying on business and at least 95% of aggregate of all the receipts and payments from the business during the tax year are through specified banking or online mode, is more than Rs.10,00,00,000; (b) is carrying on business and not covered ....

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.... audit in such form, duly signed and verified by the accountant and setting forth such particulars, as prescribed. (4) Where a person is required, by or under any other law, to get his accounts audited, then it shall be sufficient compliance of this section, if such person-- (a) gets the accounts of such business or profession audited under such law before the specified date; and (b) furnishe....