TAX AUDIT IN CASE OF BUSINESS LOSS
This query is : Resolved
Quick Summary
22 July 2021
Is Tax Audit mandatory if I have business loss and other income apart from business is more than 10 lacs??
23 July 2021
No tax audit required if income is below taxable limit.
Also compulsory tax audit applicable if your turnover exceeds Rs.1 crore.
27 November 2021
Check whether sec. 44AD(4) is applicable in your case.
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