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Private limited tax audit query

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(Querist)
06 January 2021 If private limited company provides professional services to his clients and turnover of services is 49lac and profit is 17 lac (approx 34 percentage on turnover) in this case Tax audit is mandatory or not???
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 January 2021 Yes, tax audit is mandatory.

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