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Tax audit applicability for PVT Ltd company
Pvt ltd company is declaring profit less than 6%/8% profit of turnover. Is company to need to get audited( Tax audit)
Replies (2)
Quick Summary
Yes, Audit Applicable.
Every company is required to get its account audited by a Chartered Accountant. Even if the company is not working or is currently having no turnover then also the Annual Statutory Audit is mandatory.
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