tax audit

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student
114 Points Joined March 2014
if a firm has a turnover of ₹35 lakhs
and is in loss. is tax audit required if it does not opt for sec 44AD
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On 25 February 2018 at 09:40 Report
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SEO Sai Gr. Hosp.
210651 Points Joined July 2016

NO

 

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On 25 February 2018 at 10:42
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315 Points Joined February 2018
loss or profit does not matter
what matters is turnover of the firm
and for tax audit the thresshold limit is 1 crore
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On 25 February 2018 at 23:23


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