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Tax audit

This query is : Resolved 
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(Querist)
14 August 2015 My purchase above 1 crore but sales / turnover only 90 lacs so I have to required for my books audited u/s 44 ab?????
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CA Kanj Goel

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CA Kanj Goel (Expert)
14 August 2015 No you are not required to get your accounts audited u/s 44 AB as your turnover did not exceed the prescribed threshold limit.
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