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Tax audit query

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(Querist)
05 January 2021 If pvt ltd turnover was 80 lac and they had filed tax audit report in last A.Y. 2019-20. so if this year turnover is 48lac so this year tax audit is also compulsory?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
05 January 2021 If turnover is 48 lakhs, tax audit not applicable to Pvt Ltd company.

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