Type - Private limited company
Turnover - 35 Lakhs
Net Profit - 1.2 Lakhs
required tax audit...?
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TAX Audit Requirement
Replies (4)
No as turnover does not cross the limit of Rs 1crore required by 44AB
What about lower than 8% profit
That is written in section 44AD which is applicable on individual HUF and Partnership Firm not to LLP or Company..
Okay...
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