Dear,
I am having partnership firm.
P.Y. loss of 13000.
Have maintained accounts.
Not opted for 44 AD any time.
This Year I.e FY 22-23
Turnover 70 lakh
Profit after interest is 50 thousand
Please suggest Audit required or not
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Partnership firm Audit required or not
Replies (1)
If you are maintained books of Accounts as per sec 44AA then Audit not required...
Otherwise it's applicable
Otherwise it's applicable
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