Applicability of tax audit in F&O
This query is : Resolved
Suresh S. Tejwani
(Querist)
13 December 2025
If turnover exceeds 10 CR in F&O , so it is mandatory to do audit, or else it is allowed to file return under section 44AD
Dhirajlal Rambhia
(Expert)
13 December 2025
Sec, 44AD not applicable over Rs. 3 Crs (non cash) turnover. For turnover of Rs. 10 Crs & above tax audit is mandatory.
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