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Who is Eligible for Tax Audit in Law

As per Lawkidunya under Section 44AB, a compulsory tax audit is required to be completed by a Chartered Accountant if a business has total sales turnover or over Rs.1 crore. In case of a profession, if the profession has total gross receipts of more than Rs.50 lakhs, then tax audit by a Chartered Accountant is mandatory.

What is Sales Tax Audit in Law

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