Amendment of section 44AB.

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Full Text of the Document

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.... Act relating to audit of accounts of certain persons carrying on business or profession. Clause (a) of the said section provides for audit of accounts for every person carrying on business, if his total sales, turnover or gross receipts, as the case may be, in business exceed or exceeds one crore rupees in any previous year. The proviso to the said clause provides that in the case of a person ....