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Abdul AseesAbdul Asees asked 8 months ago

Year   Turnover    Profit
1            1.5 cr      8% (opted for 44AD)
2            5cr           loss(44AB)
3            50lakh     loss
Whether Tax audit applicable in year 3?(turnover less than 1cr)
 

1 Answers
RaviRavi Staff answered 8 months ago

see this link

tax-audit-applicability


 

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