Sec 44ad: profits lower than 8%

Abhinav (student) (564 Points)

16 August 2013  
Hello everyone
 
An assessee who claims lower % of profit is required to get his book audited if his "total income" exceeds basic exemption limit. 
What is meant by total income? Is it inclusive of income declared from such business?
 
E.g. Income from other sources: 50,000 
Gross Receipts from business: 25,00,000
Profit as per books Rs 1,25,000 ( 5%).
Will this person be required to get his books audited?