Cash withdrawl and audit


This query is : Resolved 

Quick Summary
A user inquired whether a tax audit is necessary for filing ITR under Section 44AD, given a cash withdrawal of ₹4.5 lac, a turnover of ₹54.50 lac, and TDS deduction of ₹9,000. The response clarifies that based on the provided data, a tax audit is not applicable for the current year.

08 September 2025 Sir TDS deducted( Rs 9k) against cash withdrawl Rs 4.5 lac and turnover Rs 54.50 lac
and filling itr u/s 44ad
should need to audit ???? becoz cash 8.25% of turnover
please elaborate
regards
vikas

08 September 2025 No tax audit applicable with the current year data.

08 September 2025 thank you very much Sir!

08 September 2025 You are welcome.

20 September 2025 Good Luck..


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