watch_later 02/08/23

A doctor has receipts of Rs. 19 lakhs and net loss of Rs. 2.5 lakhs.

Whether tax audit is applicable in this case or return can be filed without getting tax audit done?

1 Response | Latest response: 09/08/23 | Sort by Likes(thumb_up) Recent | Income-Tax Reply
watch_later 09/08/23

If his all other income are below taxable income, he can file return without audit. Else he need audit or declare atleast 50% profit.


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