Student
3986 Points
Posted on 12 October 2019
1. As explained above in the case of the profession only if the gross receipts or T.O exceeds Rs. 50 lakhs during the year tax audit u/s 44AB is necessary.
2. Otherwise no need for carrying out tax audit. You don’t need to select any clause. Just enter the amount and pay tax accordingly.
Please correct me if the above solution has an alternative view.