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Whether tax audit applicable

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2013 One of my client is having gross receipts of Rs. 4,00,000/- and incurred a loss of Rs. 1,20,000/-. Is tax audit applicable?
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
24 July 2013 No not applicable.........

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