Section44 audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2017
I have suffered loss in f& o. is it compulsory to audit my account if my turnover I less tn 1 caror
11 December 2017
Audit not required if you are having no taxable income.
11 December 2017
If the absolute value of profit and loss> Rs.1 crore per annum , 44AB(a) audit is
required irrespective of profit or loss.
required irrespective of profit or loss.
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