Compulsory audit u/s 44ab of it act for professionals.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2012 sir,

kindly let me know wether I have to get my accounts audited under sectin 44 AB if my professional income is below 15 laks and my other income is 10 laks.

29 July 2012 No not need for audit, if you had professional income below 15 lac and 10 lac income from other sources.

29 July 2012 No there is n need of Audit u/s 44AB




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