My client got his accounts audited last year.
This year he wants to fill up ITR4 and to pay tax on 8% income.
Is it possible??
pls reply
Yes, provided the tax audit of preceding year was not carried u/s. 44AB(e) of IT act
10 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 03 September 2022
When he opt out of Sec 44AD
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 03 September 2022
@ Krishanu Majumder,
If Tax audit is applicable for Previous FY then you must comply with Tds provisions..But you may opt for presumptive Taxation
If Tax audit is applicable for Previous FY then you must comply with Tds provisions..But you may opt for presumptive Taxation
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 03 September 2022
Limitation period of 5 years need to checked
@ Eshwar Reddy, no you are replying on all last 4-5 days post on which I replied now.
It shows who is following whom???
@ Eshwar Reddy, no you are replying on all last 4-5 days post on which I replied now.
It shows who is following whom???
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 03 September 2022
Check in the after noon who has started it
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 03 September 2022
You check it I need not . I m doing my work
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 03 September 2022
So you started your game
Krishanu Majumder
(Accountant)
(174 Points)
Replied 04 September 2022
Hey Bhagwan.....🙏🙏🙏🙏 My post pe jhagda maat karna aap dono 😭😭😭
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