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Llp audit

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11 June 2014 whether tax audit compulsory for LLP having turnover below rs.1 crore but suffered loss during the year
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CA. Amit G. Chandani

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CA. Amit G. Chandani (Expert)
11 June 2014 Not required. LLP is not covered u/s 44AD.
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11 June 2014 Sir, Audit is compulosry na.......... Whether it has suffered from loss....

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CA. Amit G. Chandani

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CA. Amit G. Chandani (Expert)
11 June 2014 LLP Tax Audit is not necessary if turnover is below 1 crore, whether loss or profit.

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