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 ?
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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
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