Question ID :
44705
TAX AUDIT
When Income-tax return is already filed u/s 44ADA, whether the same could be filed as revised after getting the same audited with lower profits with appropriate books
Posted by
CA. SURAJ KUMAR CHOUDHARY
on
Aug 08, 2024
Filed Under
DIRECT TAXES
It can be done subject to the requirement of following 5 years consistency in filing ITR with or without audit option and if due to turnover criteria, if audit is applicable, then it has to be done.
Posted by
Mahendra Kumar Bagrecha on
Aug 29, 2024