Audit requirement u/s 44AB

You can choose both 44AD and 44ADA, audit is not required

If you are providing professional services then only limit of 50 lakhs applicable otherwise limit of 1 crore is applicable

In case of assesse being resident individual except with limited liability partnership except business of plying trucks . income will be computed at 6% of the estimate estimated income received by Account Payee chq or other pescribed electronic mode.8 % of gross receipts applied.
Nature of business is not mentioned.

Check once the business is eligible business in respect of nature of business for 44AD

and also service sector, if it is an eligible profession then you may avail both

44AD and 44ADA without Audit .



44AB and