HUF Business Tac Audit
Preeti Vipul Jain (22 Points)
18 January 2020
can a HUF have demat account as a business having turnover more than tax audit limit ?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178169 Points)
Replied 18 January 2020
YES...
Tax audit mandatory u/s. 44AB. provided turnover exceed the limit as per the section.
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