25 January 2021
Return of Income of Firm was filed u/s 44AD (case) during the previous year 2018-19 and 44AD block period year upto FY 2024-25 Now this FY 2019-20 the turnover is Rs.35.00 lakhs only and net profit is less than 8% only. (i) can we switch over to Tax Audit u/s 44AB or continue to adopt and file u/s 44AD
CAclubindia
