A person trade business turnover rs:1.75 crores and profit rs:20 lacs f.y.22-23.
question:
assessess tax audit applicable f.y.22-23
Menu
Tax audit applicable f.y.22-23
Replies (2)
Quick Summary
Not applicable, just file ITR-4 declaring profit of 20L.
If cash transactions (receipt as well as payments) are above 5%, and also if income not declared under presumptive assessment, then tax audit u/s. 44AB IT act, mandatory.
Recent Topics :
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
Related Topics :
CAclubindia
