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
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