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Income tax audit under 44ab

This query is : Resolved 

07 February 2023 Assessee is Partnership Firm,
Turnover is 1.5 cr,
Profit is 6.39% after partner's remuneration.
Cash Receipts and Cash Payment below 5%
they got a notice u/s 139(9) as defective return that books of accounts should be audited.

Please advise we require the books of accounts should be audited u/s 44ab


07 February 2023 Audit not required as Cash Receipts and Cash Payment below 5% and turnover below 5 crore.
Reply to the defective notice.



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