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IT Sec 44AD

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(Querist)
01 November 2021 Sir/ Mam
We (firm) had filed IT 19-20 under 44AD as the Turnover was less than Rs.2/- Cr.
But the Turn over for 20-21 has crossed Rs.2/- Cr.
Can We file IT under 44AD?

Please guide me
Thanks in adv
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 November 2021 No, you can't file......

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