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Tax Audit

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(Querist)
19 August 2009 If the assessee having two retail business having turnover of Rs. 25 lac & 45 lac respectively whether he is liable to get his accounts audited, as seperate business or for both the businesses consolidated.
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Jitender

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Jitender (Expert)
19 August 2009 tax will be done as a whole i.e both the businesses will be audited and only one Tax audit report will be issued.

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