assessee is filling under section on 4AD since last 10 years. for the financial year 2020 21 , turnover has been increased to 1.56 Cr.,
1)Is tax audit compulsary now
2)If yes, then should TDS also be collected and paid in the first year of audit?
1. No, if the income declared under Sec. 44AD
2. TDS u/s. 194J/H/C etc. will be applicable from FY 2021-22.
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