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NOT MANDATORY...
BUT, BANKS WILL ASK THE SAME IF T/O EXCEEDS 1cr
Can we show profit more than 8% like 12% or 19.5% under 44AD
#Mohammed Ali, Also if in case Profit to Sales ratio is shown less than 8% (in case of non digital / banking receipts against sales) & 6% (in case of Digital or banking receipts against sales). than Audit is mandatory with CA attestation....
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