Hi Team!!
I have a quiry related to service provider firm is registering under LLP then what will be the turnover and contribution limit for audit clause? as generally service provider firm is audited when it crosses 50 lakhs...
Your help appreciated.
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 09 March 2023
Refer Rule 24 of the LLP rules 2009 ................
Anjali lakra
(473 Points)
Replied 11 March 2023
Capital 25 lakhs or more or Turnover 40 lakhs or more
kavita raheja
(44 Points)
Replied 12 March 2023
@ anjali lakra mam this limit is for LLP even they are service provider..
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