Presumptive Taxation 44 AD

Originally posted by : rahul garg
	please read section 44ab

I didn't see anything in section 44AB.

section 44AB(e) it says Audit is required to a person coming under section 44AD(4).

and

Section 44AD(4)  says that a person opted for 44AD for one year then he is required follow the same for the next 5 years. otherwise he required to get his accounts Audited U/s 44AB.

there is no mention of declaring lower profit in section 44AD and 44AB