Question ID :
42194
Tax audit
In AY 2020-21 assessee’s total turnover exceeded prescribed limit and hence tax audit was done. In AY 2021-22 assessee’s profit is less than 50% of professional turnover. Total income exceeds taxable limit. Is tax audit required for AY 2021-22?
posted by
Sadhana N.Kubal
on
Dec 15 2021 12:00AM