Audit as per provisions of sec. 44 ad

This query is : Resolved 

10 August 2013 In case my business turnover is 50 lakhs and I am having a loss of 2 lakhs whether audit is required as per sec. 44 AD . I don't have any other income

10 August 2013 Audit will not be applicable under section 44AB by vide section 44AD(5)


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