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

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53 Points Posted on 17 August 2023
is tax audit mandatory if partnership firm has sales of rs 60L and loss of Rs 2L
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On 17 August 2023 at 10:13 Report
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SEO Sai Gr. Hosp.
211708 Points Posted on 17 August 2023

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

581 Reply
On 17 August 2023 at 11:27
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"Do the Right Thing...!!!"
128152 Points Posted on 17 August 2023
Yes I agreed with Mr Dhirajalal Rambhia Sir...

Also keep accounts as per sec 44AA.
Otherwise it's not possible to file with loss.
464 Reply
On 17 August 2023 at 15:08


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