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Sec 44ab applicable to credit society or not ?


06 August 2018 Is Tax Audit Applicable to Co-operative Society which providing credit faciltiy to its members having total sale of services more than 2 Crore and also enjoying deduction u/s 80P(100% profit exempt) ?
If Its applicable then which audit report to file ?

06 August 2018 Tax audit not applicable.

06 August 2018 but sir ITR 5 is showing error that 44ab applicable as turnover exceeds 1 crore




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