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44ab

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Querist : Anonymous (Querist)
19 November 2011 In the case if Net profit is less than 8 % so audit is required u/s 44AB. This audit is
count under threshold limit i.e. 45 maximum limit. ...
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CA Navin Jain

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CA Navin Jain (Expert)
19 November 2011 Tax audit u/s 44AB in case of presumptive taxation is NoT counted as per decision of the Council.

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