Tax Audit Applicablility
This query is : Resolved
14 July 2022
Sir
I have a below query for the asst. year 2022-23
Our client turnover from trade business is 2.10 Cr
Cash payment/ receipts are below 5%
Net profit ratio 4%
do we need to audit books u/s 44AB
I have a below query for the asst. year 2022-23
Our client turnover from trade business is 2.10 Cr
Cash payment/ receipts are below 5%
Net profit ratio 4%
do we need to audit books u/s 44AB
14 July 2022
No. Tax audit u/s. 44AB not applicable in said case.
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