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44ada and tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2018 A PROFESSIONAL FIRM WITH TURNOVER OF RS 10 LAKHS MAINTAIN BOOKS OF ACCOUNTS AND SHOWS NET PROFIT OF RS 4 LAKHS ONLY. IT DOESNT OPT FOR 44ADA.


WHETHER TAX AUDIT APPLICABLE
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 July 2018 Seems 44ADA (4) attracts, means to be audited.

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