bokks of accounts and sec 44ad, Income Tax

[giri gattupalli]

respected sir

one of my client turnover during fy 2019-20 is 60,00,000. i have maitained books of accounts and earned net profit at 9% that is 5,40,000. and i do not want to opt SEC 44AD. please advise whether i required to get my accounts audited or not .please discuss.

thanking you

Posts / Replies

[AshaKanta Sharma]

I think Tax Audit is only required when Turnover limits exceeds the limits prescribed.