Lessthan 8% profit

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 May 2014 Dear Experts,

I would like to ask a simple question,


if net profit is less then 8% of gross receipts then it is compulsory audit u/s 44ab requires ?

or if yes then what is the due date 31st July or 30 Sept ?


if my t.o is less than 1 crore than also require to file audit report with digital signature ??


01 June 2014 due date shall be 30 september.

DSC for the entity is not required.


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