44AD Opting


This query is : Resolved 

16 July 2023 Can an assessee opt 44AD and declare a profit higher than 8%.
Also what is tax audit applicability for FNO transaction.

16 July 2023 1. Yes.
2. For turnover above 10 Crs., it is mandatory.

16 July 2023 Thank you sir.........

16 July 2023 Most welcome...


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