Dear Experts,
If an LLP has turnover less than Rs.1 Crore but incurring loss for the financial year 2017-18, would they come under the purview of tax audit?
Is there a chance that they would get a notice from IT Department for showing loss? Please advice.
Thank you.
Chandana
Thank you for your clarification, Sir.
Krea University
Chennai
CA
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AJAY SINGH AND CO LLP
Thane
CA Final
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Shyam S Gupta and Company
New Delhi
CA Inter
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CCI
Pro
CAclubindia
