We are private limted co in mumbai. For F.Y.2018-19 we have turnover of Rs.92 lacs (excluding gst). Does we have to do Tax audit for the said year. If not then how will our books get checked? What will be our CA's role in this? We have already paid TDS of Rs.3000 on CA's tax audit fees. What should be treatment of this TDS now if Tax audit is not applicable?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 04 June 2019
Audit as per companies act, 2013 is mandatory to file financial reports. So you may utilize his services. Tax audit is not mandatory for turnover below 1 Cr.
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