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3cd form

Others 165 views 5 replies
changes in 3cd for tax audit
Replies (5)
Changes extended.
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?
file ITR 3 WITH ALL EXPANSES
simply to avoid tax audit show profit more than or equal to 8%
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


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