varma and co
(Proprietor)
(24 Points)
Replied 07 April 2021
Akanksha Shahi
(CA)
(22 Points)
Replied 07 April 2021
In case you do not opt for showing income u/s 44AD, then tax audit is not compulsory for you but is suggested to get tax audit done. And in case you had opted to income disclosure u/s 44AD, then tax audit is compulsory.
SHYAM
(article staff)
(30 Points)
Replied 07 April 2021
Audit under section 44AD is compulsory in your case as the NP is less than 6%. If you offer anything less than 6% and file return, immediately you get defective return notice under 139(9) for not attaching audit report as lesser income is offered.
Ankit Neema
(2742 Points)
Replied 11 April 2021
CAclubindia
