Please help is company liable to tax audit?
Ankush (Student) (1329 Points)
04 June 2021
if turnover is 30 lakhs and profit is 1 lakh
Sivaramaraju G
(Learner)
(2398 Points)
Replied 04 June 2021
sorry it won't be applicable as the provisions of sec 44AD does not apply to company.
veerendar singh
(tax consultant)
(3301 Points)
Replied 04 June 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 04 June 2021
CAclubindia
