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.
Menu
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.
Recent Threads
- Who is responcible to pay GST Liability (If Servi
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
Related Threads
CAclubindia
