Whether to file tax audit


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 November 2014 31 A Pvt. Ltd. Co. in India purchased 5000 shares @ Euro 1 Each
of company in Europe. It also gave loan of Rs. 10 Crores to it.

The turnover of company is not covered by Section
44AB during financial year 2013-14.

Query is

1 Whether company is required to get tax audit.

2 If yes, while filling the form, which clause has to be selected.

08 November 2014 Tax audit is not to required to be done.


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