TAX AUDIT


This query is : Resolved 

(Querist)
15 February 2018 Sir if individual turnover is 1.5 cr and profit below exemption limit can he required Tax Audit us 44ab

RAJA P M (Expert)
15 February 2018 Yes... If his profit is less than 8% then he fall under Tax Audit (44AB) case...

16 February 2018 No need of tax audit since assessee is an individual and conditions for tax audit as
in 44AD(5) is not satisfied.

imrankhan (Querist)
19 February 2018 thanks sir

imrankhan (Querist)
03 March 2018 But in Income tax return its not accept. which return i filled. itr 4-3 not accept.


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