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Income tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 April 2013 The gross receipts from discounting of bills is Rs.32 lakhs. Is it liable for audit u/s 44ab of the I.T.Act, 1961 for the year ended March, 2013?

31 July 2013 No. Tax audit not apply your case



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