Applicability of Tax Audit in India

Income Tax Tax Audit
22

Hi @KDN,

Tax Audit is applicable when

  • Turnover is above the threshold
  • Profit is less than 6% of the turnover & income is more than the basic exemption limit.

Since the income is below the basic exemption limit and the turnover is less the threshold tax audit is not applicable.

We are getting the issue fixed in the above determine tax audit applicability tool.