Easy Office

Tax audit is require for profession and f & o income

This query is : Resolved 

24 August 2023 a doctor have gross receipts Rs. 40 lakhs in current year, he want to fill return in 44ADA, but he have also F & O turnover Rs. 27 lakhs and profit Rs. 80 thousand.

can he file itr profession income u/s 44ADA and f & o income tax audit togeather.

24 August 2023 In such a case audit is applicable for both profession and business.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries