audit 44ab
Mitesh Patel (75 Points)
07 August 2019so in fy 17-18 i breakup 44ad benefit
sir my fy 18-19 turnover is 70 lack
and profit is 9% of turn over
profit is 630000
in fy 18-19 return fall in compulsory audit ?
please guide
Mitesh Patel (75 Points)
07 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171196 Points)
Replied 07 August 2019
Yes, as per sub-sec. 44AD(5) of IT act.
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