audit

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Dear sir
my turnover is 3000000 of 8persante
profit what eligible for audit.
agar audit compulsary h to 1cr turnover wala ka jo salab h fir uo kya h. please give me.
Replies (2)
compulsory audit of accounts under 44AB is for assessees who are having turnover above 1 cr....your turnover is 30 lakhs then u can file return showing 8% profit on presumptive basis under 44AD
Thanku sir.


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