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exempted or not

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(Querist)
29 September 2016 My turnover for the year is 1.5 crore. And If I show profit @8 percent. Then whether I have to go for Audit or not
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 September 2016 for Assessment year 2017-18, the provision is changed.
for assessment year 2016-17, tax audit is required
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Sitesh Agarwal

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Sitesh Agarwal (Querist)
29 September 2016 ThNk you But what is the changes for au 17-18



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Amol S Joglekar

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Amol S Joglekar (Expert)
29 September 2016 http://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx

please go through the section 44AD along with 44AB
the limit for eligible business is increased to 2 crore.

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