My turnover for FY 17-18 is 9500000 . My net profit is 480000 and I have Not opted 44AD . Have i liable to TAX AUDIT ???
Shubham Patil (1 Points)
23 August 2018My turnover for FY 17-18 is 9500000 . My net profit is 480000 and I have Not opted 44AD . Have i liable to TAX AUDIT ???
Ankita Chachan
(practitioner)
(548 Points)
Replied 23 August 2018
Yes u r liable for Tax audit as ur income is below 8%
CA P V N Varma
(CA )
(609 Points)
Replied 23 August 2018
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