Tax audit 2023 applicable Explain me please

Tax Audit is applicable for all those classes of individuals that are mentioned under Section 44B of the Income Tax Act. According to the regulations of Section 44B of the Income Tax Act, 1961, the list is mentioned below that states class of people who are mandated to get Income Tax Audit done.

• An individual who is doing business and has an annual turnover of up to Rs 1 Crore and above.
• An individual who is engaged in any profession and getting income receipts in a year up to 50 Lakh and above.
• An individual who is being qualified for the presumptive taxation scheme under Section 44AD but later claims that the profit of that said business should be lower than the profit calculated following the presumptive taxation scheme. It happens in those cases where the income on record exceeds the amount that comes under the 'tax free' category.
• An assessee who gets qualification under the presumptive taxation scheme but opts for the scheme after a specific period, in that case, he would lose the ability to revert to the presumptive taxation scheme for a continuous term of 5 assessment years after the decision to opt-out is taken.
• An individual who qualifies to presumptive taxation scheme as per Section 44AE but then claims that profit for such business is lower than profit calculation in accordance with presumptive taxation scheme of Section 44AE.

For more details    refer     1.  corpbiz/tax-audit

or 2... what-is-tax-audit-and-to-whom-is-it-applicable/