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Regarding Income Tax Return u/s44AE

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(Querist)
08 July 2024 Person 'A' has 6 vehicles & gross receipts is more than 1 crore. Can we file IT return u/s 44AE or do tax-audit?
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
08 July 2024 No need for tax audit, if you file ITR declaring income u/s. 44AE IT act.

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