sir in fy 17-18 i audited my accounts because profit is 5 % of turnover
so in fy 17-18 i breakup 44ad benefit
sir my fy 18-19 turnover is 70 lack
and profit is 9% of turn over
profit is 630000
in fy 18-19 return fall in compulsory audit ?
please guide
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audit 44ab
Replies (1)
Yes, as per sub-sec. 44AD(5) of IT act.
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