DEAR SIR
MR S. CA PROFESSIONAL GROSS INCOME RS.34,50,000/-
1) HIS AUDIT UNDER U/S 44AD LESS THAN 50%
2) HIS BOOKS MAINTANTED IS COMPULSEARY?
3) ACCOUNTS ARE MAITENANCE OF MERCANTILE ARE CASH BASIS?
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Audit
Replies (1)
1. Yes
2. Yes
3. Better to account as per mercantile system.
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