Applicability of Tax Audit to LLP-Hotel Industry

CA Snehal Pratik Doshi (CA IN PRACTICE) (7 Points)

12 August 2024  

Hi All,

There is one hotel industry-LLP,having turnover less than 1 cr,showing profit of more than 8% in books,but cash receipts and payments are more than 5%

Whether tax audit will be applicable or not?

Thanks

Snehal Padhiyar