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Please help is company liable to tax audit?

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Student
1374 Points Joined April 2010
if turnover is 30 lakhs and profit is 1 lakh
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On 04 June 2021 at 12:00 Report
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Learner
2398 Points Joined May 2019
Yes as per sec 44AB(e)
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On 04 June 2021 at 12:36
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Learner
2398 Points Joined May 2019

sorry it won't be applicable as the provisions of sec 44AD does not apply to company.

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On 04 June 2021 at 12:41
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tax consultant
3306 Points Joined October 2018
No audit for company with 30 lacs turnover
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On 04 June 2021 at 12:54
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Chartered Accountant
24588 Points Joined November 2019
No tax audit is not applicable
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On 04 June 2021 at 12:54

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