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Sec 44ab

This query is : Resolved 

07 April 2017 Assessee has T.O. of 85 lakhs in p.y.17-18 and he does not declare income @8% u/s 44AD instead he declare an income of ""2.3 lakhs.""
Whether he requires to get his accounts audited ??

07 April 2017 Audit is not required if he has no other income other than this.

07 April 2017 On the basis that his income is less than 2.5lakh??




07 April 2017 Yes you are right.............



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