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Audit in case of Nil turnover and loss in partnership firm

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(Querist)
12 June 2024 Is audit is compulsory for partnership firm having *Nil* turnover and having loss of approx four lakhs ?

No cash transactions.

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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
13 June 2024 No.
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CA Puja Sharma

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CA Puja Sharma (Expert)
13 June 2024 No audit is not mandatory for the PFAS
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