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Tax audit

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(Querist)
25 August 2019 my annual turnover is 12lakh and am going to file income tax return as per 44AB, need income tax audit if my profit is less than 8% of turnover or a Net loss.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 August 2019 Tax audit not required as your income is below taxable limits.

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