Is Tax Audit necessary for a Partnership having Loss but not required maintain books of Accounts under Sec 44AA. Gross receipts are less than 10 Lakhs in the FY and is not opting for Presumptive Taxation under Sec 44AD.
Is Tax Audit necessary for a Partnership having Loss but not required maintain books of Accounts under Sec 44AA. Gross receipts are less than 10 Lakhs in the FY and is not opting for Presumptive Taxation under Sec 44AD.
No
Isn't Tax audit mandatory in case the firm is required to maintain books under 44AA, but incurred loss in the FY?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
