Poonawalla fincorp
Poonawalla fincorp

ITR - LOSS - Tax Audit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 January 2022 Dear Expert,

A small firm having annual turnover of Rs.6,50,000.00 for the year 2020-21, due to less turnover the firm was in losses.. My doubt was whether there is any tax audit required to show the loss in ITR.. Kindly confirm
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
11 January 2022 No tax audit required for loss in ITR.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links