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Am i eligible for Tax Audit U/S 44AB


CA Nitin (job)     13 January 2021

CA Nitin
job 
 8 likes  116 points

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Dear Friends ,

i have a business T/O of rs. 90 lakhs with loss of rs. 5 lakhs and salary in come of 100 lakhs . so i am eligible for tax Audit and i do not want to opt 44AD

please all respected member i need your guidance in this regard 

Kapadia Pravin

Kapadia Pravin   13 January 2021

Kapadia Pravin

 957 likes  14931 points

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You are not qualifying for Tax Audit. No tax audit required.

Sourav

Sourav (Student)     13 January 2021

Sourav
Student 
 99 likes  1587 points

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Not eligible for tax audit as turnover is less than 1 crores rupees


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