if the turnover of companies is less than 1 crore can we file IT return without tax audit report or is it compulsory to file Form 3 cb -3 cd reportsor all companies?
kindly clarify
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Quick Summary
This discussion clarifies when a tax audit report is compulsory for companies. Generally, companies with a turnover below 1 crore can file their IT returns without a tax audit report. However, specific filing requirements, including Form 3CB-3CD and independent audit reports for ROC filings like AOC4, are also touched upon.