Question ID :
44901
Professionals taxation
Whether a professional can report income less than 50% of gross receipts in their income-tax return if they maintain proper books of account and without tax audit report
Posted by
CA. SURAJ KUMAR CHOUDHARY
on
Jul 29, 2025
Filed Under
DIRECT TAXES
Answer ID :
85976
No. you have to conduct tax audit.
Posted by
VINAY BHARGAV KUMAR G on
Jul 30, 2025