Tax audit versus income tax return filing what is the difference of this two then what is the benefit of tax audit presumptive method?? could you please explain me
sec 44 ad ,44ada and 44ade plse also explain
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Both Difference........
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Income Tax Return filing is based on BEL where as tax audit depends on turnover , net profit %, loss etc ..
ITR filing can be done for senior citizens also where as Tax Audit reports for business enterprises only
ITR filing can be done for senior citizens also where as Tax Audit reports for business enterprises only
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