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Maintenance of inventory

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(Querist)
22 May 2018 Is it compulsory to maintain inventory for assessee who is in audit? (As we have to report the same in form 3CD while filing tax audit report).
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
23 May 2018 If organization has inventory & it is subjected to tax audit, maintenance of record is compulsory

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