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Loss under 44ad reqd to get audit or not?

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(Querist)
22 January 2014 If a firm is incuring losses and is under 44AD, does it require to get its account audited by CA. Kindly reply refering relevant section and case law if any. Thanks in advance
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@VaibhavJ

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@VaibhavJ (Expert)
22 January 2014 Hi

Yes. Pl refer

http://www.charteredclub.com/section-44ad/

Thanks

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