44AD Opting
This query is : Resolved
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VIKHAS RAVI
(Querist)
16 July 2023
Can an assessee opt 44AD and declare a profit higher than 8%.
Also what is tax audit applicability for FNO transaction.
Also what is tax audit applicability for FNO transaction.
16 July 2023
1. Yes.
2. For turnover above 10 Crs., it is mandatory.
2. For turnover above 10 Crs., it is mandatory.
VIKHAS RAVI
(Querist)
16 July 2023
Thank you sir.........
16 July 2023
Most welcome...
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