Applicability of tax audit to individual
Querist : Anonymous
If an Individual (non-salaried) is having loss in FY 2012-13 due to Depreciation & Interest, then whether Tax Audit Applies to him??
Under Which Section??
In case turnover exceeds 1.00 crore - irrespective of the losses, tax audit is required U/s 44AB (a).
.
Querist : Anonymous
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