Dear sir
my turnover is 3000000 of 8persante
profit what eligible for audit.
agar audit compulsary h to 1cr turnover wala ka jo salab h fir uo kya h. please give me.
2 Replies
Ashwin Kumar
(1234 Points)
Replied 08 October 2017
compulsory audit of accounts under 44AB is for assessees who are having turnover above 1 cr....your turnover is 30 lakhs then u can file return showing 8% profit on presumptive basis under 44AD
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