Tax audit.
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....ns for getting books of 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; ....
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.... (3) The assessee shall furnish by the specified date, the report of such 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 ....
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