Applicability

This query is : Resolved 

08 November 2024 audit u/s 44AB required for Nursing HOME

08 November 2024 Yes, if turnover criteria applicable.

09 November 2024 But CPC has send defective memo to submit audit report because of you are doing profession and you have submitted ITR showincome under head I ncome from Business or Profession


09 November 2024 What is your turnover declared in ITR? What was the business code selected?

09 November 2024 There was 79 crore turnover shown in health care services general hospitals code 1801

09 November 2024 That is specified profession, so tax audit applicable when the turnover exceeds 50 lakhs.



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