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Tax audit under 44ab and filing of return under 139(1)

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09 June 2015 An Individual assessee's total turnover from his business is 1.10 crores but his gross total income is only 2.30 lakhs. Eventhough he is liable for Tax audit under 44AB, Whether he is required to file his return of income for A.Y 2015-16..?

09 June 2015 actually no. the return is not required to be filed. but it is always advisable to file the return, especially in audit cases



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