Future and option loss 13lakh on turnover of 30 lakh Tax audit applicable?
Yogendra Singh (87 Points)
24 July 2023and even I have other in come of professional fees which I show under section 44ADA.
Yogendra Singh (87 Points)
24 July 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160442 Points)
Replied 24 July 2023
Unless he has opted out of presumptive assessment in any preceding five years, tax audit is not mandatory.
CA Aakarsh Jain
(CA)
(10216 Points)
Replied 25 July 2023
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