44 ad and tax audit
This query is : Resolved
10 July 2018
One of my clients wants to file Ay 18-19 IT Return u/s 44-AD. Tax liability is arriving as at Rs 50,000 u/s 44-AD which is too much for my client. The client is GST holder and therefore he has maintained correct sales purchases. But he has not maintained bank book and cash book and in such circumstances whether tax audit is possible, Please guide me and oblige.
10 July 2018
Books of accounts to be maintained for tax audit. Make bank book and cash book from Bank statement, sales and purchase account.
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