25 September 2013
1) taxable as two assessee. Upto 30-9-2012 tax liability in the hands of Father(however not father died so as a legal representative son has to pay taxes and file return etc..) From 1-10-2012 tax liability in the hands of Son as HUF status because of the business is brought forwarded from the father.
2) Tax audit u/s 44AB is not compulsory because of turnover is in two different hands and each individual turnover doesn't exceeded the tax audit turnover.
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