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Tax audit is require for profession and f & o income

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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.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 August 2023 In such a case audit is applicable for both profession and business.
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