Question ID :
36888
TAX AUDIT
A client is having following incomes in FY 2017-18 :- Salary - 440000 Interest - 90000 F&O Business - (250000) loss Whether he is liable for Tax Audit u.s 44AD? Which ITR form is applicable for AY 2018-19?
Read more at: https://www.caclubindia.com/forum/tax-audit-applicability-u-s-44ad-and-itr-form-applicability-488437.asp
Posted by
Akshika Dhingra
on
Dec 12, 2018
Filed Under
DIRECT TAXES
Answer ID :
76058
Whether he is liable for Tax Audit - yes
Which ITR form is applicable for AY 2018-19 - ITR-3
Posted by
Mohit Gupta on
Dec 12, 2018
Answer ID :
76060
Tax audit is applicable and ITR-3 is applicable.
Posted by
CA. chunauti dholakia on
Dec 12, 2018