Requirement of Audit by CA

by Sanjay Pal
(Delhi)

I am a marine consultant. During 2009 - 2010 my income was 14 Lac and I got by accounts audited by CA as per requirements. Now during 2010-2011 my income is 12 Lac. Since the requirement of auditing of account has been revised from 10 Lac to 15 Lac during 2010, am I required to get my accounts audited through CA for FY 2010-2011.