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44ab tax audit applicability

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(Querist)
22 May 2015
We are into onion business at APMC yard. Our onion sales on commission basis exceeds Rs. 1 crore. but our commission amount is less than one crore. Is Tax audit applicable or not?

thanks in advance
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 May 2015 As commission amount is less than one crore tax audit not applicable.

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