Audit u/s 44ad
Querist : Anonymous
should he liable to tax audit u/s 44AD??? As combined turnover is more than specifed limit. i.e. 1 Crore
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Querist : Anonymous
And if he is doing jobwork. after deducting rate difference his total turnover is less then 1 crore. then should he liable to tax audit???
for the purpose of Section 44AB.
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You may also refer The Guidance Note of ICAi on Tax Audit.
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