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Querist : Anonymous (Querist)
29 July 2013 can a person who maintained books of accounts for a.y. 12-13 and was under audit , file itr 4s for a.y. 13-14 as he is not under audit for a.y. 13-14.
will it lead to some kind of problem due to inconsistency in filing same form.

30 July 2013 yes, subject to fullfilment of other conditions mentioned under sec44AD.

01 August 2013 NO There may not be any problem...

you can say that books of accounts not maintained in F.Y.2012-13 i.e, A.Y.2013-14 if any problem arises(which may not possible to question you)

provided if your business is eligible business under 44AD and your profit is more or equal to 8% on turnover

Please note if turnover is more than 1 crore tax audit is applicable 44AB and 44AD cannot be choosen in such case


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