last year I have filled my return as per section 44AD but in current year my turnover is greater than 2 crore so I have to get tax audit.
Suppose in next year again my turnover is less than 2 crore so can I file my return as per section 44AD to avoid tax audit liability ?
Menu
Compulsarily opt out from section 44AD
Replies (2)
No. As per amendment if u opt for audit. Then fir next five year u have to opt for audit
in my opinion, yes you can opt for 44ad next year
Recent Topics :
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
- ITR Filing Last Date 2026
- Tds - filing Conso File for tax year 2026-27
- ITR-3 Filing For AY 2026-27 - Tips
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
Related Topics :
CAclubindia
