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REGARDING APPLICABILITY OF TAX AUDIT FOR BUSINESS WHICH IS NOT YET STARTED


11 July 2022 ABC is a partnership firm. ABC has no sales during the assessment year 2022-23 as it's business is not yet started. But the firm has purchase during the year.

Whether the firm ABC is laible to tax audit or not ?
OR whether the firm ABC is laible to income tax return ?

11 July 2022 ABC is not liable for tax audit.


11 July 2022 No audit is required in that case






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