tax audit

In case if income from profession is less than 50% of gross receipts and assessee doesn't want to opt for presumptive income under sec 44ada.Gross receipts are also less than 50 lacs if he files normal return and not presumptive one, will he still have to conduct tax audit?
Replies (1)
If income exceeds maximum amount not chargeable to tax, than you have to do Tax audit

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