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Regarding to provisions of 44AB and 44AD

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(Querist)
12 June 2024 My proprietorship firm doesn't exceed 10 cr annual turnover and my cash transactions are under 5%. Do I need to hire a CA or can I file my own income tax returns?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
12 June 2024 Tax audit u/s. 44AB IT act is not mandatory in your case.
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Jaspal Singh

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Jaspal Singh (Expert)
13 June 2024 No need for tax audit..you can file normal ITR
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