LLP AUDIT

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ARTICLE

201 Points Joined April 2016

LLP REQUIRED TO GET ITS ACCOUNT AUDITED IF ITS TURNOVER IS 15 LACS AND SHOWING LESS THAN 8% PROFIT.

Replies (2)

Accountant

3479 Points Joined August 2014

Yes, Audit is mandatory if you showing profit less than 8%

ARTICLE

201 Points Joined April 2016

but it is not covered u/s 44 AD AND LAST YEAR ALSO AUDIT IS NOT DONE AND NO OBJECTION IS RAISED BY DEPARTMENT

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