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Answer Posted / rahul rathore
Every person who has turnover above 40 lacs is foll under
audit compulsury . This is the tax audit .
In tax audit every transaction is checked carefuly
relating tax and or that transaction comes under any Act.
He should manitain books of account for the same . His
account by a Chartered Accountant and certfy that is
called TAX AUDIT.
| Is This Answer Correct ? | 15 Yes | 4 No |
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