Easy Office
LCI Learning

AUDIT OF LLP FOR FY 2018-2019

This query is : Resolved 

30 March 2020 ONE LLP HAS A RECEIPTS OF RS 210000.00 AND LOSS OF RS964.00,CAPITAL OF RS100000.00.
IS AUDIT REQUITED AS PER INCOME TAX FOR THIS LLP.

25 May 2020 Audit as per Income Tax Act, 1961– LLP audit is mandatory where the turnover exceeds ₹1 crore in case of business while ₹50 lakhs in case of profession. In this case, LLP is required to file income tax return in ITR-5 on or before 30th September of the assessment year.

25 May 2020 Audit as per Income Tax Act, 1961– LLP audit is mandatory where the turnover exceeds ₹1 crore in case of business while ₹50 lakhs in case of profession. In this case, LLP is required to file income tax return in ITR-5 on or before 30th September of the assessment year.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries