Audit in case of loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 October 2016
Dear All
A pvt. Ltd. Company has incurred loss in AY 2016-17 however turnover of company is exceed 1 Crore pls guide me in this scenario weather this pvt. Company need to get audited u/s 44AB or not,
Regds
Rohit Agarwal
A pvt. Ltd. Company has incurred loss in AY 2016-17 however turnover of company is exceed 1 Crore pls guide me in this scenario weather this pvt. Company need to get audited u/s 44AB or not,
Regds
Rohit Agarwal
22 October 2016
YES , YOU ARE LIABLE TO TAX AUDIT U/S 44AB
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