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tax audit
If we file tax audit ni last year, is it necessary to file tax audit in current year and profit shows above than 8%.
Replies (2)
Whether the tax audit for last year was applicable because of non compliance of 8% profit u/s. 44AD? Or because of Turover limit u/s. 44AB?
C.Y tax audit requirement has any link with P.Y tax Audit ?
C.Y tax audit requirement depends upon Current year Turnover or option to show profit less than 8% if turnover less than 2 crore under 44AD
C.Y tax audit requirement depends upon Current year Turnover or option to show profit less than 8% if turnover less than 2 crore under 44AD
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