income tax

good evening sir..

sir agar kisi company ka turnover 10 lakh h..
aur us company ka net lose h (-25000)/-
is condition me kya us company ka tax audit hoga ya normal ITR ???
Replies (4)

By company, do you mean registered under companies act?

If yes, no tax audit...

Normal ITR
Normal ITR...

No TAX AUDIT u/s 44AB of the Income Tax Act 1961 since Turnover does not exceeds Rs. 1 crore.

However Statutory Audit is mandatory.
good evening sir..

sir company ke directors ka ITR A.y 19-20 ki last date 31st August hai ya 30 September????

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