8% requirement for companies

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A Comapny is Required to file its Return of Income by 30th September

Sec.44 AB Requires Audit of Entities with Turnover more than 100 lacs

My Question is, When a Comapny's turnover is less than 100 lacs, will it be subject to Audit?
If Not, should the Company Show 8% Profit as per Sec. 44AD? because if it shows less than 8% it will fall under Audit?
Is there Something Wrong in my Query? Please Help!!

@ Mukul Jatwani

NEVER STOP LEARNING

Replies (1)

The eligible assessees for 44AD are :

Any resident individual, HUF, partnership firm excluding LLPs and who has not claimed deductions u/ss 10A, 10AA,10B, 10BA, 80HH to 80RRB in the relevant assessment year.

So, a limited company is not covered  under section 44AD.


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