17 July 2023
1).Assesses has files his return of income u/s 44AD for the A.Y. 2017-18 to A.Y.21-22 and for A.Y. 22-23 his turnover was 2.12 crore (cash payment and receipt are within 5% limit) so has filed return of income without audit (normal return filed without audit and maintain the books of account also for A.Y.22-23) and now for the A.Y. 23-24 has turnover of Rs. 1.5 crore so he can file his return of income u/s 44AD for AY 23-24. by showing 6%/8% profit?? or it will be treated as a violation of 44AD?