Tax audit applicability for loss
This query is : Open
09 December 2023
Dear Experts,
In case of HUF , turnover = 30L approx and net loss around 2L. Will tax audit be applicable for FY 23-24?
Regards,
In case of HUF , turnover = 30L approx and net loss around 2L. Will tax audit be applicable for FY 23-24?
Regards,
09 December 2023
Tax audit not applicable in such a case.
10 December 2023
Tax audit not applicable if the file as per sec 44AA of IT act.
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