QUERY REGARDING AUDIT
vimal chovatiya (25 Points)
28 August 2019
In LLP Turnover is 800000 and Loss is 25000 in this case this LLP is Liable for Tax Audit or Audit under LLP Act?
1 Replies
Kapadia Pravin
(17264 Points)
Replied 28 August 2019
LLP is liable for audit under LLP Act.
LLP is not liable for tax audit under ITax Act.
LLP is not liable for tax audit under ITax Act.
Recent Topics
- GST registration -notice
- GSTIN Suspended Form GST Reg 17
- Request for GST Clarification regarding ITC
- Is Capital Gain exemption available for Property a
- EPF CONTRIBUION BY EMPLOYER
- Letter of credit -seller procedure
- Filling form 26 QB
- RPT AND ITC ISSUE
- Tax Liability and ITC Summary related Issues
- REQUIRED FORMAT FOR AMENDMENT TO PARTNERSHIP DEED
Related Threads
CAclubindia
