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Tax Audit

This query is : Resolved 

22 October 2020 If there is Speculation Loss of - 11 Lacs
other Business loss is - 4 lacs
Income from Other heads (HP, CP & OS) is 45 Lacs

will Tax Audit Applicable ?
As Income exceeds the maximum Amount not chargeable to Tax.

23 October 2020 Tax audit not applicable if 44AD not opted during previous year.

23 October 2020 Thank you so much Sir...






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