my turn over is 1cr 30 lakhs and my profit is also less than 8 %.
now while filing audit report,
which section should I choose in point number 8,
clause 44AB(a)
or
clause 44AB(e)
please suggest.
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Audit under 44AB- which section to be selected
Replies (3)
Clause 44AB(a), if not opted for sec. 44AD in preceding year.
In previous year, there was same case and I have selected 44AB(e)
@ Khatri
It seems are filing Business income under 44AD presumptive scheme. (as last year 44AB report was filed under 44AB(e)
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If as regular business income ( no 44AD) then 44AB(a)
if as business income under 44AD then 44AB(e)
It seems are filing Business income under 44AD presumptive scheme. (as last year 44AB report was filed under 44AB(e)
------
If as regular business income ( no 44AD) then 44AB(a)
if as business income under 44AD then 44AB(e)
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