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tax audit

lohitha.surisetti (Student CA IPC / IPCC) (220 Points)

13 June 2018

if we are disclosing income as per 44ad until last a.y and we are showing income as per p&l in the current year ,is it required to file tax audit?

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3 Replies

srinivas (student) (94 Points)
Replied 13 June 2018

need more information

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lohitha.surisetti (Student CA IPC / IPCC) (220 Points)
Replied 13 June 2018

last yr i had a TO of 4lakhs and in the Current year i am having zero turnover ,i had filed my nil gst returns and in the current year as per IT act i cannot file 44ad like previous year because TO is zero,so do i need to file tax audit return because i am not filing under 44ad?