Tax audit requirement
This query is : Resolved
Amandeep Singh
(Querist)
24 April 2018
Dear Sir,
Please tell us what is requirements of Tax Audit if profit is less then 8%
Please tell us what is requirements of Tax Audit if profit is less then 8%
25 April 2018
If the assessee is offering less than 8% as income under Section 44AD, then he is liable to maintain books and conduct a tax audit.
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