Is audit applicable for partnership firm

Is Audit required for partnership firm doing a business of xray whose first year's turnover was 2.5 lacs and having a loss of 1lac?

Replies (3)

No. File ITR5 with books of accounts maintained; (before 31.08.2018); to carry forward loss.

Yes... I agreed to Mr Dhirajlal Rambhia Sir views...

Filing required u/s 44AA - Books of Accounts Maintain.
Thank you for your valuable suggestions. Sir can you please the share the section no. which applies.

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