Tax audit for private limited company?


This query is : Resolved 

(Querist)
06 January 2018 if a private limited company have turnover of 8867232 and net profit goes less than 6 percent. Does the company need to appoint CA to fill Tax Audit.

06 January 2018 No, because 44 AB(c) is not applicable to Pvt Ltd company vide explanation (a)
to section 44AD.

RAJA P M (Expert)
06 January 2018 Yes... I agreed to Mr B Chackrapani Warrier Sir. But, As per Company acts Statutory Audit is applicable.

Ankit Jha (Querist)
07 January 2018 Thank you sir for replying. Both of You.


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