Tax audit report requrid

Dear Sir

Can we need to do tax audit from CA annual turnover 2020-21 is Rs. 44 Lacs gross profit 8% and net profit 6.81%
Replies (4)
Quick Summary
This discussion clarifies whether a tax audit is required for a business with an annual turnover of Rs 44 Lakhs for the 2020-21 financial year. Based on the provided information, a tax audit is not statutorily required as the turnover limit has not been exceeded.

Not Required
No statutory requirement if its only 44 lakhs turnover
No tax audit is not required
Limit not exceeded so it is not required

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