Tax audit

This query is : Resolved 

30 August 2018 Is it mandatory to get books audited by a practicing chartered accountant u/s 44AB if a company or LLP which has revenue less than 1cr, and showing loss

30 August 2018 Although under Income Tax Act u/s 44AB it is not mandatory, they are to be audited under Companies Act, 2013 and LLP Act, 2008 (if Applicable for LLP's) respectively.


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