Regarding Applicability of Tax Audit
This query is : Resolved
Quick Summary
12 August 2021
Sir,
If the Total Turnover or Gross Receipts of an Individual having business income more than 1 Crores and Less than or equal to 2 Crores but the Profit are lower than 8% or 6%. Is Tax Audit applicable or not?
If the Total Turnover or Gross Receipts of an Individual having business income more than 1 Crores and Less than or equal to 2 Crores but the Profit are lower than 8% or 6%. Is Tax Audit applicable or not?
CA Puja Sharma
(Expert)
12 August 2021
Yes, Tax audit will be applicable.
Dhirajlal Rambhia
(Expert)
27 September 2021
Whether sec. 44AD(4) attracted?
Dhirajlal Rambhia
(Expert)
21 October 2021
https://www.caclubindia.com/experts/details.asp?mod_id=2853079
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