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Tax filing of aop
I have a query in relation to income tax filing of aop. The Aop earned 230000 income last year. My question is that whether Aop is required to file return showing min 8% profits or should it file actual profits of 1%?? If it can file showing actual profit of 1% does the Aop needs to get audit done.
Replies (2)
This is an AOP. Please reply considering the points mentioned in question.
Thanks.
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