If income of individual/HUF is 50 lacs which is less than 2 crore and does not opt for presumptive scheme u/s 44AD is he required to get audit??

1 answer

Ravi Staff March 14, 2018

he has 2 options

  1. Declare more than presumptive basis and avoid audit
  2. Declare less than presumptive and get audit done

Please login here to Submit Answer

No announcement available or all announcement expired.