Whether the specified assesse requires to his books to be au

Dear Indudhar,

As per Sec.44AD of Income tax act wher the assessee turnover is lesser then 1crore, then taxable income is 8% of the turnover or more as dicleared by him.

as per above, the assessee income is 60 Lakhs, so 8% of 60 Lakhs is 4.8 Lakhs. but actual income dicleared is 1.85 Lakhs which is Less then the minimum limit. Hence Tax audit is compulsory