Hello everyone,
one of my client has turnover of Rs.80 lacs in the previous year 2012-13 his net profit is 500000 (<8%)
he do not want to opt 44AD because he wl have to get his accounts audited.
My question :
can i file his return in ITR4 form without getting books of accounts audited since t/o is less than 1 cr although profit is less than 8% of t/o?
waiting for the views of the experts.
CAclubindia
