Filing of Return u/s 148

This discussion explores whether a tax audit is compulsory when filing an income tax return under Section 148, especially with gross receipts of £1.5 crore and book profits below 6%. While technically required for non-filers, practical experience suggests it might not always be enforced. It's advisable to consult your Assessing Officer (AO) for clarification, as no definitive case law was provided.