Tax Audit or Not-Urgent

Atul M (aaa) (726 Points)

03 October 2022  
Dear Expert,

1)Private Limited Management consultancy has a Turnover of 4.50 lacs and a net loss of 2.50.

In this case tax audit will be Applicable or Not?

2) LLP in the field of news and media has a turnover of 23 lacs and a net profit of around 25,000, in this case, tax audit will be applicable or not?

Thanks in Advance.