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TAX AUDIT 1.5 CR, NEVER OPTED FOR PRESUMPTIVE

This query is : Resolved 

07 January 2021 TAX AUDIT FOR PROPRIETORY CONCERN TRADER HAVING SALES OF 1.5 CR,
NEVER OPTED FOR PRESUMPTIVE IN PAST
NO CASH TRANSACTIONS
PROFIT 7% OF TURNOVER.
TAX AUDIT APPLICABLE FOR ASST.2021?

I FEEL NO, BECAUSE PROFIT IS MORE THAN 6%.
CORRECT?

25 September 2021 Yes. You are Correct...



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