Dear sir,
one of the case is person is mobile recharge agents,last year tax audit is done turnover was 60 lakh ,TDS has been done under 194H, SO MY QUESTION IS this year also turnover is same ,tax audit is compulsory ,because 44AD IS NOT AVAILABLE FOR AGENTS
THANK YOU
Tax audit requirement for mobile recharge agents questioned where presumptive taxation is inapplicable; clarification sought on applicability. Whether a tax audit is compulsory for a mobile recharge agent whose annual turnover remained at sixty lakh, TDS has been deducted as commission, and the presumptive taxation scheme under section 44AD is not available to agents; clarification sought on audit obligation for the current year. (AI Summary)