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<h1>Statutory audit requirement for taxpayers carrying on business or profession triggers audit obligation when turnover or receipts exceed thresholds.</h1> Section 44AB requires persons carrying on business or profession to obtain an accountant's audit and furnish a prescribed audit report when specified turnover, gross receipts, or deemed-profit conditions under certain presumptive provisions are met; it allows reliance on audits under other laws supplemented by the prescribed accountant's report, treats certain non-account-payee cheque or draft payments as cash for threshold calculations, and defines the 'specified date' as one month prior to the due date for filing the return.