Question ID :
41147
Tax Audit
In case of a Private Limited Company where the turnover is of 30 lakhs and there is a loss whether tax audit is required
Posted by
YASH PAL ANAND
on
Sep 16, 2021
Filed Under
DIRECT TAXES
Answer ID :
81323
No need.
Posted by
B.CHACKRAPANI WARRIER on
Sep 16, 2021
Answer ID :
81325
no, you have to do audit under companies act
Posted by
ANUJ AGRAWAL on
Sep 16, 2021
Answer ID :
81327
No. Only statutory audit as per Company's Act is required.
Posted by
CA. chunauti dholakia on
Sep 16, 2021
Answer ID :
81328
No tax audit is required
Posted by
Viral Shah on
Sep 17, 2021
Answer ID :
81334
Tax Audit not applicable. 44AD not applicable for companies.
Posted by
VINAY BHARGAV KUMAR G on
Sep 23, 2021
Answer ID :
81341
No, Tax audit is not applicable as turnove is less than threshold limit.
Posted by
SHUBHAM SONI on
Sep 25, 2021