Question ID : 20799

Tax audit

In AY2020-21 assessee filed his return of income after getting tax audit done under proviso of Sec44AB(d) as his net profit was Less than 8%. Now in AY2021-22, the assesse has incurred loss/profit below 8%, and his total income below taxable income.
1. Is tax audit is required for AY2021-22.
2. If other income exceeds taxable limit whether tax audit is required

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