tax audit is compulsory for mobile recharge agents

[SHASHI MITTAL]

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

AI Summary

Mobile Recharge Agent Questions Tax Audit Requirement with 60 Lakh Turnover; Section 194H TDS Applied, Section 44AD Inapplicable A mobile recharge agent inquired about the necessity of conducting a tax audit for the current year, given that their turnover remains at 60 lakh, as it was the previous year when a tax audit was conducted. The inquiry notes that TDS was applied under section 194H and mentions that section 44AD is not applicable for agents. A respondent asked if the query was clarified and requested further information if needed.