Is tax audit mandatory if partnership firm has sales of rs 60L and loss of Rs 2L

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is tax audit mandatory if partnership firm has sales of rs 60L and loss of Rs 2L
Replies (2)

Not mandatory, unless sec. 44AD opted in any preceding five years.

Yes I agreed with Mr Dhirajalal Rambhia Sir...

Also keep accounts as per sec 44AA.
Otherwise it's not possible to file with loss.


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