19 August 2012
NO BUT STATUTORY AUDIT IS COMPULSORY TAX AUDIT IS REQD OR NOT, THAT DEPENDS ON T/O LIMITS OF THE CORPORATE OR NON CORPORATE ASSESSEE http://www.onlinesbs.in/2011/07/is-tax-audit-compulsory-us-44ab-for-lets-find-out.html
this will help u in detailed understanding of tax audit cases, which are compulsory or which r not
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