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Tax audit 44ab

This query is : Resolved 

27 August 2019 My client residential status for F.Y 2018-19 is NRI.
In previous year, he was filing tax return u/s 44AD and was resident.
In current year, his turnover is 33 lakh and profit around is around 3 lakh.

Is Tax Audit applicable for current year? I think no tax audit is applicable for F.Y 2018-19, since 44AD(5) is applicable to "Eligible Assesse" and NRI is not Eligible Assesse as per 44 AD. Please confirm.

27 August 2019 Tax audit not applicable as profit is more than 8%.


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