Audit limit u/s.44AB for FY 2023-24

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28 March 2024 For FY 2023-24, my business turnover is in between 1.5 to 2.00 crore. Am I liable to get my accounts audited U/S.44AB or may I declare my income u/s. 44AD ?

28 March 2024 Yes, You can avail the presumptive scheme. Also check out the provisions.

28 March 2024 Sir, one more question - whether MSME section 46 is applicable to a assessee who declares his income u/s 44AD ?




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