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44ab

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Guest (Querist)
25 October 2011 if profit of a trading firm having turnover of seven lakh, less than 8 percent,

is it required to get accounts audited u/s 44AB
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hshivakumar

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hshivakumar (Expert)
25 October 2011 yes if it covered u/s 44AD & AF then it should be audited.

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