I had a audit in AS year 18-19

ELDER CARE STORE (1 Points)

07 December 2021  

I had a audit in AS year 18-19 that time my partner ship firm turnover around 1 cr. But after next year because of covid nd all effect turnover reduce to 50 lakh .

My question is is it compulsory to make a audit if turnover didnt goes up to 1 cr..can i file a simple return ?