I only have an annual gross rental income of 27 lacs. Is audit of my accounts compulsory?
1 Replies
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 09 April 2014
as per section 44AB only business income or professional income is liable ot audit.
hence you are not liable to get your accounts audited
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