Hi
ITR was filed on presumptive basis for the last 2 years. However this year, we have loss from business, but have other incomes like capital gain and Income from other sources. If we come out of 44AD, will we be subjected to tax audit? What is the criteria?
Thanks
SMJ global advisors pvt ltd
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B.Com
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Sri Aurobindo Gnostic Centre of Education
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CAclubindia
