To visit: https://www.incometax.gov.in
In India, for example, technical consultants who are engaged in the business of providing consultancy services to a single client and the total amount of such services does not exceed Rs. 50 lakhs in a financial year are not required to get their accounts audited. However, if the total amount of such services exceeds Rs. 50 lakhs, then they are required to get their accounts audited.
The turnover limit for drafting a balance sheet may also be different for technical consultants who are companies. For example, the Companies Act, 2013 specifies that companies with a turnover of more than Rs. 250 crore are required to get their accounts audited.
