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Tax audit for private limited company?

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(Querist)
06 January 2018 if a private limited company have turnover of 8867232 and net profit goes less than 6 percent. Does the company need to appoint CA to fill Tax Audit.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
06 January 2018 No, because 44 AB(c) is not applicable to Pvt Ltd company vide explanation (a)
to section 44AD.
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RAJA P M

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RAJA P M (Expert)
06 January 2018 Yes... I agreed to Mr B Chackrapani Warrier Sir. But, As per Company acts Statutory Audit is applicable.
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Ankit Jha

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Ankit Jha (Querist)
07 January 2018 Thank you sir for replying. Both of You.

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