Question ID : 42201

TAX AUDIT LIMIT FOR SECTION 44AB(E)

Dear sir if audit is conducted U/s 44AB(e) i.e Turnover is more than 1 cr but below 2 cr and he wishes to opt out of 44AD presumptive regime(where 44AD(4) is applicable). whether this will be counted for 60 Tax audit limit?? Kindly guide us regarding the same.

posted by Sachin on Jan 1 2022 12:00AM