Menu
Income tax audit
maximum turnover limit which is not applicable for income tax audit for F.Y 2019-20?
Replies (4)
If u didnt opt for 44 ad , then upto 5 crore , no audit is reqd
Assese haveturnover less than 2 cr and net profit less than 8% still why he is in audit?
Whether the assesee has opted for presumptive taxation? if yes, then deemed profits will be inapplicable as profit less than 8 percent and audit will be reqd.
No always filed under 44 ab
Recent Topic
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
Related Topics
CAclubindia
