it person source of income details mentioned below in f.y.21-22
1.sec 194 j fees receipts for professional rs:40,17,356/-
2.sales of medicines turnover rs:85 lacs
3.rental income rs:2,40,000/-
question:
it assessess tax audit returns applicable or normal itr filing in f.y.21-22
Tax audit or normal itr filing in f.y.21-22
Replies (1)
NO TAX AUDIT APPLICABLE PROVIDED....
a. HIS PROFESSION INCOME IS MORE THAN 50% OF HIS GROSS RECEIPTS.
b. ALSO HE HAD NOT OPTED FOR SEC. 44AD IN ANY PRECEEDING 5 YEARS...
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