30 October 2022
The assessee is a proprietor. For A.Y. 2022-23, his turnover is Rs. 1,84,00,000 (below Rs.2Cr), profit is Rs.1,50,000 ( below 6% of turnover) and total income is below basic exemption limit.
31 October 2022
Ok thank you. In addition would also like to ask, what if in the same scenario, the assessee was audited in the prev year that is A.Y. 21-22.
CAclubindia
