Tax audit for FY 20-21
This query is : Resolved
03 May 2021
Hi All
Turnover of the partnership firm is Rs. 4 Crs. and total cash receipts/payments is less than 5%. Firm is not declaring profit of 6%/8% . Whether tax audit is applicable to the firm for FY 20-21?
Thanks in advance.
Turnover of the partnership firm is Rs. 4 Crs. and total cash receipts/payments is less than 5%. Firm is not declaring profit of 6%/8% . Whether tax audit is applicable to the firm for FY 20-21?
Thanks in advance.
03 May 2021
Tax audit u/s 44AB not applicable
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