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requirement of audit
my friend is contractor who take Railway and road contract since 2014 and he has taken total agreement for assessment year 2019 20 is 2 crore above. and he has completed 60 % of this contract in the assessment year 2019-20 now I want to know about is my friend required to get book audit or not.
Replies (1)
Yes, unless opted for sec. 44AD assessment.
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