Tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 November 2016 Dear Experts
Pls clarify weather tax audit u/s 44AB will be applicable on 1 crore or more then 1 crore

Thanks in Advance

07 November 2016 the words used in the section are EXCEEDS 1 crore.
So? exact 1 crore ....no tax audit
above 1 crore.... tax audit is applicable


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