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Audit or 44 AD

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(Querist)
18 November 2020 Dear sir,
In fy 2018-19 turnover was 1.70 crore and had audit. Now in fy 2019-20 turnover is only 30 lacs, whether can opt section 44AD or had go for audit?
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
19 November 2020 Declare 8% profit file ITR 3 no audit required.
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tony

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tony (Querist)
25 November 2020 itr 3 or 4 ? as itr 4 meant for presumptive income.



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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
25 November 2020 File ITR 3............

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