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restriction on re entry
whether there is any restriction on re entry to section 44ADA after exit from section 44ADA before completion of six years, as the re-entry under section 44AD is restricted for 5 years
Replies (1)
If an assessee is forced to exit 44AD due to an increase in turnover of above 2 Crore/Compulsory Audit
is next year the turnover does not require Compulsory audit ...can a re-entry to 44 AD be allowed?
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