Tax audit of partnership firm and itr

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In case of a partnership Firm suppose if there is gross receipt is up to Rs. 150000 and Loss during the year is Rs. 30000.

If the firm has not opted 44AD, Will the Tax Audit required for such firm?? .

And Which ITR form is to be filed for Firm as well as for Partners for AY 2017-18.

Thank You
 

Replies (2)

No tax audit applciabel. File form 3 for firm and 2 for partner

Tax Audit not applicable...

Also you can file ITR 5 or ITR 4 (u/s 44ad)

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