section 44AB

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 June 2010 one proprieteror has turnover is 37 lac. but if we consider vat then turnover is above 40lac. then wether audit is applicable or not??

25 June 2010 VAT should be included in turnover for the purpose calculating the turnover u/s.44AB. In your case Tax audit is applicable.



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