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 ?