Suryadeep Pathak (CA Final) 16 September 2019
In case of companies and partnership firms, When turnover is less than 1 crore and profit is less than 8%/6% as the case may be..
In this case whether tax audit is mandatory???
Kapadia Pravin 16 September 2019
You mentioned profit is less than 8%/6% and if it is in the context of presumptive taxation under 44AD ------- then please note that 44AD is not applicable to Private Limited Company.