Dear Sir
Can we need to do tax audit from CA annual turnover 2020-21 is Rs. 44 Lacs gross profit 8% and net profit 6.81%
4 Replies
CA. Abhilash Krishnan P
(Chartered Accountant)
(533 Points)
Replied 25 August 2021
No statutory requirement if its only 44 lakhs turnover
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 25 August 2021
No tax audit is not required
CA Amit Shingala
(PRACTICE)
(164 Points)
Replied 25 August 2021
Limit not exceeded so it is not required
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