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I.t. return filed Sec 44 ad accepted

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(Querist)
27 August 2020 Assess turnover Rs:60 lacs .but actually profit 3 % in f.y 19-20.
Question:
Assess net profit 3% shown in i.t. returns sec 44 ad under I.t.act return filed if any problem future.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 August 2020 It will be treated as defective return as lesser profit reported.

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