SECTION 44AD(4) AND ITS LINKAGE TO 44AB

Will Section 44AD(4) will be applicable for AY 2021-22. if Yes. Reason for that.

Deatils of Case

Opted for Section 44AD in

AY 2015-16

AY 2016-17

AY 2017-18

From AY 2018-19 to AY 2020-21. as per section 44AB(a) Audit was carried out.(T/O below 2cr)

But in AY 2021-22. Turnover is 80 lakhs and Income is 252000/-

Will audit will applicale to AY 2021-22 and if yes in which clause from 44AB(a) to 44AB(e)

Or

44AD(4) will be applicable for AY 2021-22