Provsions of 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 September 2017 Say one of my client, whose Turnover is below 1 Crs submits by estimation of 8% as per Provisions of Sec 44AD and next A.Y also hisTurnover is below 1.5 Crs and opts for Tax Audit U/S 44AB.
My Question is Once he Opts for Sec 44AB, Is it compulsory for him to get Audit for Subsequent 5 Yrs ??

Thank you in Advance
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 September 2017 Yes. Inference - section 44AD(4).
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RAJA P M

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RAJA P M (Expert)
25 September 2017 Yes... It's compulsory get tax Audit...
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 October 2017 Thank you Very much
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Querist : Anonymous

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Querist : Anonymous (Querist)
30 October 2017 Yes, once you opt for TAX AUDIT you have to get audit for Year Compulsorily
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