Opting for 44ad in 2nd year

NICSON JOHN (513 Points)

06 December 2021  
last year my turnover was less than 2 cr so i opt for 44ad.but this year turnover exceed 2 cr ..so i should do the audit.but it is said that once 44ad is opted u cant chnge for 5 years..pls rply thanks in advance.