44ad/ 44ada
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2017
Iam having turnover less than 1 crore . I am not opting 44AD presumptive . Am i liable for tax audit if i offer less than 8 % as profit ?
Amol S Joglekar
(Expert)
01 August 2017
yes. You need to get your accounts audited.
01 August 2017
Amol Ji
Pl give the section reference also.
Pl give the section reference also.
Amol S Joglekar
(Expert)
01 August 2017
@ B.Chackrapani Warrier Sir. Thank you for your valuable suggestion. I will definitely try to give the reference.
Studentsca
(Expert)
01 August 2017
As per me no, if you fill form ITR 3.
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