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Retail Trade Case: Section 44AF Inapplicable Due to Audited Books u/s 44AB Despite Low Income Reported.
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....Retail trade u/s 44AF - Income below the rate of 5% as prescribed u/s 44AF - Since the assessee maintained books of account duly audited u/s.44AB, there is no scope for application of the provisions of Section 44AF - AT....