Audit for business in first financial year
zama (student) (52 Points)
23 November 2017Is it necessary to get books of accounts audited if it doesn't opt for 44AD?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174190 Points)
Replied 23 November 2017
Yes (for AY 2017-18, vide sub-section 44AB(d) of I T act,1961)
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