TAX AUDIT
This query is : Resolved
08 October 2020
MY TURNOVER 3.5 CRORE AND MY TOTAL RECEIPT AND PAYMENT THROUGH BANK SHOULD I NEED MY ACCOUNT AUDITED . IF AUDIT NOT APPLICABLE THEN IT IS NECESSERY TO SHOW PROFIT 6%.
08 October 2020
Tax audit not applicable in such a case. In case of declaration of less than 6% profit tax audit not applicable in case 44AD not opted during previous year.
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