professional income is 600000.
other source 200000.
Can he opt for ITR-3??
Is the audit applicable??
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44ADA & 44AB applicability
Replies (4)
Yes, ITR 3 can be used.
May not if PGBP income is equal or more than 50%
audit not applicable if pgbp income is more than 50% of gross total receipts?
Yes, audit is not applicable if you have pgbp income more than 50%, and declare it u/s 44ada
thanks sir...
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