Applicability of tax audit on nri
This query is : Resolved
27 October 2017
An Individual has NRI status during the F.Y. 2016-17. He has professional income from India during the period. Is he liable to get his accounts audited u/s 44AB or shall file ITR 3 in normal course?
27 October 2017
Tax audit applicable if income falls within the ambit of tax audit.
27 October 2017
Sir, the professional income is around Rs. 10L. I am a bit confused due to insertion of new section 44ADA. So shall he get his accounts audited in such a circumstance?
27 October 2017
Declare not less than 50% of gross receipts under 44ADA and file ITR 4 tax audit not applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- Dep. as per companies act
- Salary from Qatar in Dollars in India
- UDIN ISSUE
- Change Of Karta In Case of Death
- FAST-DS Scheme - Foreign Assets
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS Challan - change of FY 2025-26 to TY 2026-27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
