In case of a violation of the 5 year continuous following of Sec 44AD,for the next 5 years from year of violation, the assessee shall maintain books and be required to get an audit done.
My query is,under which section is this audit mandated? Is it u/s 44AB or 44AD?
Thank you.
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Tax audit u/s 44AD.
Replies (3)
u/s. 44AB(e) of IT act..
Thank you very much.
44AB section only
not 44AD
not 44AD
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