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Sec 44AD NOT FOOLOWED
if in fy 20-21 return filled under 43 ad but in fy 21-22 no turnover so itr 1 filled. now in same business fy 22-23 turn over is there. what to do can we file return under 44 ad without audit or what should we do?
Replies (4)
Quick Summary
Yes, file business income u/s. 44AD without tax audit,,,
Ay 20-21, 21-22 filed itr with 44ad, but in py joined a job and left the buisness . so for ay 22-23 wheather I need to go for audit or file itr1???
Ay 20-21, 21-22 filed itr with 44ad, but in py joined a job and left the buisness . so for ay 22-23 wheather I need to go for audit or file itr1???
No need for tax audit provided no income under head PGBP. File ITR 1 or 2 as applicable.
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