If every one of the circumstances specified above are fulfilled, even so the profit declared is lower than 8% then is Tax Audit essential?

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The pursuit ongoing along the dual carriageway until finally the car was at some point brought into a managed stop by officers.

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Regardless of picking presumptive plan beneath area 44ADA, taxpayer can declare part eighty tax conserving deductions and investments.

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The Restrict is elevated to INR 75 lakhs if the overall volume obtained in cash does not exceed five per cent of the whole gross receipts of this kind of prior calendar year.

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