A battalion of Special Armed Forces has been given a licence to operate a petroleum outlet. It has obtained PAN in the Government category (4th character of PAN is ‘G’) and then also got GSTIN.

My query is whether the said battalion of SAF is required to get its account in relation to its petroleum outlet audited u/s 44AB of the Income Tax Act and whether it is liable to file its return of income in respect of its petrol pump. If the answer is in affirmative, then which ITR will be applicable, and what would be the status and the rate of Income Tax ? If the battalion is not required to comply to section 44AB and not required t pay income tax and file return, then kindly enlighten under which provision it will be so exempt.