https://www.taxtmi.com/forum/issue?id=116938 Whether a trader eligible to adopt the presumptive taxation regime under Section 44AD with turnover below the turnover threshold and proposing to declare profit below the presumptive rate is subject to a tax audit; the forum reply states that a tax audit is not applicable in these circumstances. en-us Sat, 02 Jan 2021 18:31:45 +0530 Thu, 23 Jan 2025 15:54:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116938 Whether a trader eligible to adopt the presumptive taxation regime under Section 44AD with turnover below the turnover threshold and proposing to declare profit below the presumptive rate is subject to a tax audit; the forum reply states that a tax audit is not applicable in these circumstances. Discussion-Forum Income Tax Sat, 02 Jan 2021 18:31:45 +0530 https://www.taxtmi.com/forum/issue?id=116938