Tax audit for partnership firm

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A partnership firm is having turnover of RS nil,net loss due to administration expenses is rs 90000/, interest on capital to partners nil, salary to working partners nil for the Assessment year2015-16 

Do  we need to audit the firm's account u/s 44AB as profit/loss is less than 8% of the turnibrt as per sec 44AD

 please tell me compulsory  audit is required ....... urgent

Replies (1)
No you do not required to audit your accounts in case of loss

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