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TAX AUDIT APPLICABLE OR NOT

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14 March 2009 A COURIOR COMPANY HAVING GROSS RECEIPTS FOR THE F.Y 2008-2009 IS RS.15,00,000/- AND TDS DEDUCTED BY THE CUSTOMERS OF THE COMPANY IS RS. 40000/-. WHETHER TAX AUDIT U/S 44AB IS REQUIRED OR NOT?

14 March 2009 Dear Santosh,
In case of business 44AB is applicable when turnover exceeds 40 lac, so here no question for Tax Audit.

14 March 2009 no. Mr. Kasat is right


27 March 2009 Pls dont change figures & repeat your query. it has been answered with some other figures which you had quoted. Change of figures in the question will not change the concept or answers



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