If f&o turnover is more than 1 cr but below 2 cr can we declare 6 /8 % and skip tax audit or not
or here sec 44AB prevail which ask for tax audit above 1 cr . turnover.
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Presumptive basis and Tax audit
Replies (3)
yes you can opt for 44ad
Yes... You can. ..
You can opt 44Ad but your income tax payable will be higher.
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