whatever the situation might be IF ASSESSEE is following presumptive basis then TAX AUDIT is not applicable?
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Quick Summary
This discussion clarifies the applicability of tax audits for businesses opting for presumptive income schemes, such as Section 44AD. Generally, if you follow the presumptive basis, a tax audit is not required. However, there are exceptions, particularly if Section 44AD(4) was applicable in any previous financial year.