LLP AUDIT LIMIT

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8 Points Posted on 31 August 2020
Is tax audit for LLP mandatory if there is zero turnover but only expenses(license, etc) ?
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On 31 August 2020 at 10:32 Report
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This discussion clarifies whether a Limited Liability Partnership (LLP) needs to undergo a tax audit when it has no turnover, only expenses like licences. The consensus is that a tax audit is not mandatory in such circumstances, and therefore not applicable to the LLP in question.

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Tax and Business Consultant
11616 Points Posted on 31 August 2020
Not mandatory.......... Tax audit not applicable in your case..
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On 31 August 2020 at 10:54
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8 Points Posted on 31 August 2020
Ok thanks
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On 31 August 2020 at 11:17
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Tax and Business Consultant
11616 Points Posted on 01 September 2020
Welcome........
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On 01 September 2020 at 23:41

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