Sec 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2011 The Asseesse Sales in the FY10-11 is 48Lac if the Asseesse shows 3% or 4%NP And he maintain
Books properly thus Audit is compulsory.& he file a return after due date with Interest.

30 November 2011 if the assessee showing 8% n.p then no audit is compulsory i.e in ur case audit is compulsory





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