Itr 3

Thank you sir but in year f.y.2018-19 matter of audit arise or any notice will issue ...?

Because sir he has filed itr 3 not under section 44ad regular with all balance sheet and profit and loss account details and when i read provision of section 44ad i came to know that when assessee has filed itr under sec. 44ad then compulsorily need to file under same sec. For 5 years if breach then compulsory audit provision applied even income shown more than 8% and turnover below 1 cr.

Thats why please suggest me sir.

Originally posted by : Suresh Parmar
	Because sir he has filed itr 3 not under section 44ad regular with all balance sheet and profit and loss account details and when i read provision of section 44ad i came to know that when assessee has filed itr under sec. 44ad then compulsorily need to file under same sec. For 5 years if breach then compulsory audit provision applied even income shown more than 8% and turnover below 1 cr. Thats why please suggest me sir.

Yes... You are correct with sec 44AD.

If the said asseessee filed his ITR as per above then Audit is applicable AD(4).

But, It's not applicable if ITR Form changed from 4 to 3. If income will be changed from 44AD to 44AA with ITR.

So, The ITR 3 can be file with 44AD...

Try to file revised ITR..

1. As per sec 44AD(4), if an assessee opted for presumptive taxation u/s 44AD, then he is bound to show profit under sec 44AD for the next 5 AY. If he fails to show, then he shall not be eligible to opt sec 44AD for the next 5 years. 
2. In addition to the above section, if sec 44AD(4) is applicable and assessee's income exceeds the maximum amount which is not chargeable to tax ( >Rs. 2,50,000) during the year then irrespective of his T.O he compulsorily needs to maintain BOA and conduct tax audit u/s 44AB. 
3. In your case, even if your T.O is below Rs. 1 crore tax audit is mandatory by virtue of sec 44AD(5). 
Please correct me if the above solution has an alternative view. 

You can revise the ITR