Audit limit u/s.44AB for FY 2023-24
This query is : Resolved
28 March 2024
For FY 2023-24, my business turnover is in between 1.5 to 2.00 crore. Am I liable to get my accounts audited U/S.44AB or may I declare my income u/s. 44AD ?
28 March 2024
Yes, You can avail the presumptive scheme. Also check out the provisions.
28 March 2024
Sir, one more question - whether MSME section 46 is applicable to a assessee who declares his income u/s 44AD ?
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