Tax audit u/s.44ab or 44ad

Niladri Bhattacharya (xxxxxxxxxxx) (35 Points)

13 August 2014  

Hello members ,

I have a question . You see I have a client in Kolkata who has this small weekly periodical magazine and

the Turnover/Gross Receipts is about 26Lakhs .Its a Sole Propreitor Firm and the Proprietor is a Senior Citizen .

She has always shown a Profit over 8% . There is TDS every year against the payments made by Advertisors

in this magazine . She gets a refund . Should we get this accounts audited .If yes under what section and where

in the Income Tax Act this is said .

Your prompt answer will be appreciated truly .

Thank you .