dear sir
in last fy year 16-17 i have filed my i.t return in 44ad scheme and my turnover is 25 lac. but in current year 17-18 my turnover goes high above one crore. so i want to know can i audit my firm or not n my profit ratio in current year is around 4%
please suggest..
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audit
Replies (1)
Either get assessed u/s. 44AD by declaring profit margin 8%; or get accounts audited.
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