23 May 2012
Only one business is required to conduct tax audit, which has turnover 80lacs. In respect of the second business, the assessee can opt for presumptive taxation u/s 44AD. A similar problem has been addressed in the Institute Study Material too.
23 May 2012
Only one business is required to conduct tax audit, which has turnover 80lacs. In respect of the second business, the assessee can opt for presumptive taxation u/s 44AD. A similar problem has been addressed in the Institute Study Material too.
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