Sec 44ab
This query is : Resolved
07 April 2017
Assessee has T.O. of 85 lakhs in p.y.17-18 and he does not declare income @8% u/s 44AD instead he declare an income of ""2.3 lakhs.""
Whether he requires to get his accounts audited ??
Whether he requires to get his accounts audited ??
07 April 2017
Audit is not required if he has no other income other than this.
Message likes :
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07 April 2017
On the basis that his income is less than 2.5lakh??
07 April 2017
Yes you are right.............
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