hello everyone
if any personal having business turnover upto 1 crore and his profit is below 8% and he is not declaring income u/s 44AD
.....weather he is requiring audit if declaring Profit below 8 %
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Tax audit requirements for individual
Replies (6)
Hi Pooja. Sent through DM...check inbox
What ...?
Check CCI inbox
Not required
the thing u r saying is applicable only to 44AE ,44ADA
the thing u r saying is applicable only to 44AE ,44ADA
If its his first year of business then audit not required.
else audit will be mandatory
else audit will be mandatory
Ok thank you all
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