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of <h1>Audit Report for Assessee's Accounts Required in Form No. 3AC Under Rule 5AC of Income-tax Rules, 1962.</h1> The audit report of an assessee's accounts, as mandated by sub-section (2) of section 33AB of the Income-tax Act, must be submitted in Form No. 3AC. This requirement is outlined under Rule 5AC of the Income-tax Rules, 1962, concerning the profits and gains of business or profession.
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