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Tax audit for FY 20-21

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(Querist)
03 May 2021 Hi All
Turnover of the partnership firm is Rs. 4 Crs. and total cash receipts/payments is less than 5%. Firm is not declaring profit of 6%/8% . Whether tax audit is applicable to the firm for FY 20-21?

Thanks in advance.
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CMA Poornima Madhava

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CMA Poornima Madhava (Expert)
03 May 2021 Tax audit u/s 44AB not applicable

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