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Audit sec 44ad

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05 August 2022 Sir If turnover of speculative - 3.81 crore loss 1.81 lakh and short term turnover - 1.19 crore loss 3.50 lakh and salary income 27 lakh . Sir tax audit applicable or not . I am not opted 44AD how to carry forward loss . Plz sir explain

05 August 2022 Yes, tax audit applicable over speculative business.
Yes, you can carry forward the losses.



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