Tax Audit Required or Not.

This query is : Resolved 

Quick Summary
If you operate 9 trucks and your gross receipts exceed £1.5 crore, you might be wondering about tax audit requirements. Generally, filing a return under Section 44AE (Presumptive Taxation Scheme for transporters) means a tax audit is not required. This section offers a simplified way to calculate business income for eligible transporters.

05 August 2025 If Assessee is having 9 Trucks & Gross Receipt is more than 1.5 Crore. Can We file Return ITR-4 Under Section 44AE or Required Tax Audit ?

05 August 2025 No tax audit if ITR filed under sec. 44AE.

16 September 2025 Good luck.


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