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If a partnership firm have no profit or loss is come under tax audit or non tax audit.

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(Querist)
21 December 2022 if a partnership firm have no profit or loss is come under tax audit or non tax audit.
Please give explanation.

Thanks in advance.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
21 December 2022 What is the turnover?
What are the percentages of cash receipts & payments w.r.t total receipts & payments respectively?
Whether sec. 44AD of the act, was opted in any preceding years?
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G Prathiba

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G Prathiba (Querist)
22 December 2022 Sir, no sale made during the year.
no cash transaction.
first time enter into return filing.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
22 December 2022 In that case no tax audit applicable, as no turnover.
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