notice 139 9

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iska kya matlab hota hai hindi m samjhao please

The gross profit is not mentioned in the profit and loss or
The profit shown is less than 6% as prescribed u/s 44AD but has not mentioned the maintainance of book of account and audit report U/s 44AB in part A general and the total income exceed the maximum amount chargeable to income tax
Replies (2)

In simple terms, you are required to do audit of books as your profit margin is below 6%, which is minimum required u/s. 44AD.

profit 6 % se zada dikhao turnover ka if u want opt for sec 44ad.


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