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proprietor of two business
A person having his own profession whose turnover is Rs 7 Lacs and also having own retail business whose turnover is Rs 98 Lacs. In such case whether tax audit is required, pl advise
Replies (3)
No, turnover of both shall be considered separately and shall not be merged
kindly filed return showing 44AD and 44ADA.
ok, means no tax audit required
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