Question ID :
44407
audit u/s 44AB
One thing I want to know what will happen ,if turnover is below 1 cr and profit is less than 8%/6%,then tax liability would be huge if there is no audit u/s 44AB . What will be the course of action then ??
Posted by
SUDIP KUMAR MUKHOPADHYAY
on
Jan 14, 2023
Filed Under
DIRECT TAXES
Opt for Tax Audit
Posted by
Mahesh Kumar on
Jan 16, 2023
Answer ID :
83875
opt for tax audit or file return less than 2.5 lacs.
Posted by
SHUBHAM SONI on
Jan 17, 2023
Answer ID :
83880
Either take benefit of exmption / deduction available or go for audit
Posted by
SURAJ KUMAR CHOUDHARY on
Jan 18, 2023
Answer ID :
83885
Option to opt for Tax Audit is better in given situation.
Posted by
ABHISHEK ASHOK RASANE on
Jan 19, 2023