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Tax audit
For example a person has Turnover less than 1 crore and shows net profit of less than 8%. Will it fall under sec 44AB of Income Tax Act. Will it be counted as one of the tax audits out of the 60 audits that a CA is allowed to do
Replies (2)
Yes it comes under 44AB but not counted in limit of 60 days.
Sorry its 60 audits
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