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Tax audit requirements for individual

403 views 6 replies
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 %
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
If its his first year of business then audit not required.

else audit will be mandatory
Ok thank you all


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