Audit requirement
This query is : Resolved
12 September 2016
sir i am filling my income tax return in itr 4 & i am regulary maintaining all my books of accounts under 44AB for previous 10 years .this year my turnover was was 10000000 & i am showing profit less than 8% say 700000.am required to get audited my books of accounts under 44AD.i have never filled my return in itr 4s evem when i have shown profit higher than 8 %
12 September 2016
Tax audit applicable to you in view of declaring profit less than 8%.
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