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Tax Audit Report 44AB of IT act

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(Querist)
27 July 2024 Assessee Partnership Firm having turnover of Rs.1.10 Cr
Their cash expenses or receipts do not exceed 5% to total expenses/turnover

My question is in this case tax audit u/s 44AB is applicable ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 July 2024 No. If not opted out of sec. 44AD in any of earlier five years.

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