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Presumptive taxation scheme on llp

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(Querist)
18 October 2017 Sir,
We have a LLP (profession) having Turnover of around 7 Lacs but they have profit of around 2 lacs. Please let me know any tax audit, statutory audit is applicable in this case.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 October 2017 No tax audit or statutory audit applicable in this case.

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