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Tax audit under section 44AB


Rohit solanki (JOB)     17 August 2019

Rohit solanki
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If My turnover is less then 1 Crore but my profit is below 8% is it Tax Audit applicable? Reply with logic & Proofs

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Kapadia Pravin   17 August 2019

Kapadia Pravin

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if your turnover is through cheques or digital mode then you can declare minimum 6%. If below 8% or 6% then tax audit is applicable

Rohit solanki (JOB)     17 August 2019

Rohit solanki
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i am not talking about 44AD pls

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Kapadia Pravin   17 August 2019

Kapadia Pravin

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No tax audit . File ITR 3

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Rohit solanki (JOB)     17 August 2019

Rohit solanki
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but they r not allowing to file ITR-3

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balthi shivateja   18 August 2019

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tax audit is not applicable to you,if you are bussiness turnover not exceed 1 crore.
but you are claiming that you have profit less than 8%, so you can go for tax audit for showing lower income

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rama krishnan   18 August 2019

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not allowing to file ITR 3? what error message did you get at the time of filing?

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Radhey Shyam Jha (Student)     18 August 2019

Radhey Shyam Jha
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Read the provision of Section 44AB


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