wholesale dealers

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2011 if individual have a wholesale business with 3% net profit, so is it compulsory for him to audit his accounts, or it is mandatory for retailers only?

04 July 2011 If turnover is less than Rs.60/- lacs, provisions of section 44AD has to apply.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2011 thanks sir, what are the provisions of 44ad?


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