Hi
ITR was filed on presumptive basis for the last 2 years. However this year, we have loss from business, but have other incomes like capital gain and Income from other sources. If we come out of 44AD, will we be subjected to tax audit? What is the criteria?
Thanks
AJAY SINGH AND CO LLP
Thane
CA Final
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MANUJ SHARMA AND COMPANY
Noida
CA Inter
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S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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KK & Company Chartered Accountant
Pune
CA Inter
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CCI
Pro
CAclubindia
