Tax Audit Full Details

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Who are the Filed to Tax Audit???
How do Maintain in books of Account???
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A taxpayer is required to have a tax audit carried out if the sales, turnover or gross receipts of business exceed Rs 1 crore in the financial year. However, a taxpayer may be required to get their accounts audited in certain other circumstances ex section 44AD. For books of accounts refer section 44AA
Below 8 % of Net Profit going to Tax Audit ?


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