We have a new LLP firm whos profit in FY 2017-18 was 1.8% and turnover was 4.4 Lakhs
Is there tax audit required ?
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Tax audit for llp if profit is less than 8%
Replies (2)
No
No Tax Audit Is Not required If Business is carried and turnover does not exceed 1cr and 50L in cae of profession
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