Whether Tax Audit is Required to be Done ?
This query is : Resolved
15 December 2020
Dear Expert,
Whether Tax Audit is Required to be Done ?
Partnership Firm,
FY Sale Purchase Profit Return Filled
FY 2015-16 No Yes 0 ITR 5
FY 2016-17 No Yes 0 ITR 5
FY 2017-18 6,900,000 Yes Above 8% ITR 4 - u/s 44 AD
FY 2018-19 30,950,000 Yes Above 8% ITR 5 - u/s 44 ABA
FY 2019-20 5,100,000 Yes Above 8% Whether Tax Audit is Required to
be Done ? Or we can file u/s 44AD
Expert Request you to Kindly Advice.
Whether Tax Audit is Required to be Done ?
Partnership Firm,
FY Sale Purchase Profit Return Filled
FY 2015-16 No Yes 0 ITR 5
FY 2016-17 No Yes 0 ITR 5
FY 2017-18 6,900,000 Yes Above 8% ITR 4 - u/s 44 AD
FY 2018-19 30,950,000 Yes Above 8% ITR 5 - u/s 44 ABA
FY 2019-20 5,100,000 Yes Above 8% Whether Tax Audit is Required to
be Done ? Or we can file u/s 44AD
Expert Request you to Kindly Advice.
15 December 2020
You can file u/s 44AD without any tax audit
28 October 2021
Tax audit not applicable.
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