5 Replies
FAHEEM AKRAM
(293 Points)
Replied 21 August 2018
if any indvidual had previous year tax audit but now he has not exceeding 1 Crore Rs but his net profit % is 3.90% so what to do to skip tax audit for this year?
CA Bhavik Soni
(867 Points)
Replied 21 August 2018
simply to avoid tax audit show profit more than or equal to 8%
yogesh
(article)
(31 Points)
Replied 21 August 2018
but sir that is applicable if we opt for sec 44 AD
OYLTHERWISE TAX AUDIT IS APPLICABLE OBLNLY WHEN TURNOVER EXCEED AS SPECIFIC LIMIT AND SHOWING INCOME LESS THAN PRESUMPTIVE ( only if we fill under sec 44AD )
plz correct me if i m wrong
OYLTHERWISE TAX AUDIT IS APPLICABLE OBLNLY WHEN TURNOVER EXCEED AS SPECIFIC LIMIT AND SHOWING INCOME LESS THAN PRESUMPTIVE ( only if we fill under sec 44AD )
plz correct me if i m wrong
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