If an Assessee is engaged in two business out of which one is speculative business as per sec28 explanation 2 and another is normal trading business.
His total turnover for the A.Y.2008-09 is Rs.25lacs and Rs.32lacs respectively.
Is he liable to get his account audited?
Pls explain.
pls do help me in above case study.And pls asked if further information is required.
Yes, he does.
thanks
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