Only Sale of service provider by individuals, Pvt ltd and LLP limit are 1 Cr. For tax audit or not?
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Audit related query
Replies (3)
refer section 44 AB and 44AD. For more detail click on below link
https://www.profzilla.com/blog/post?seo=Tax-Audit-and-the-Presumptive-Taxation&cat=1&id=17
Plz let me know if Pvt ltd company turnover is less than 1 Cr then they can show profit 5.5 percentage or not without tax audit?
If less than 1cr then Tax audit not applicable.
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