liable to audit
It Return (22 Points)
02 August 2018
It Return
(22 Points)
Replied 02 August 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195700 Points)
Replied 02 August 2018
Originally posted by : It Return | ||
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but as per sec 44ad(5) it is said that if your total income is less than income chargeable to tax then no need to have audit. | ![]() |
Correct....... provided 'eligible business' & for 'eligible assessee'...... no audit liability when taxable income BEL...