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TAX AUDIT IN CASE OF BUSINESS LOSS

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(Querist)
22 July 2021 Is Tax Audit mandatory if I have business loss and other income apart from business is more than 10 lacs??
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
23 July 2021 No tax audit required if income is below taxable limit. Also compulsory tax audit applicable if your turnover exceeds Rs.1 crore.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 November 2021 Check whether sec. 44AD(4) is applicable in your case.
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