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Tax audit requirement

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(Querist)
24 April 2018 Dear Sir,

Please tell us what is requirements of Tax Audit if profit is less then 8%
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Shrinivas (CA, LLB, CISA)

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Shrinivas (CA, LLB, CISA) (Expert)
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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