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

is tax audit mandatory if partnership firm has sales of rs 60L and loss of Rs 2L
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Quick Summary
A partnership firm with sales of £60 lakh and a loss of £2 lakh is generally not required to undergo a mandatory tax audit. However, this changes if the firm has opted into Section 44AD in any of the preceding five years. It's also advisable to maintain accounts as per Section 44AA to accurately file returns, especially when reporting a loss.

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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