Tax audit is require for profession and f & o income
This query is : Resolved
24 August 2023
a doctor have gross receipts Rs. 40 lakhs in current year, he want to fill return in 44ADA, but he have also F & O turnover Rs. 27 lakhs and profit Rs. 80 thousand.
can he file itr profession income u/s 44ADA and f & o income tax audit togeather.
can he file itr profession income u/s 44ADA and f & o income tax audit togeather.
24 August 2023
In such a case audit is applicable for both profession and business.
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