loss in LLP of RS 80000 after deducting partner interest.....in this case tax audit required or not...?
there is only purchase and expenses...
sales is zero.
Tax Audit is not Applicable in the above case.
darshan.s.darji (student) (74 Points)
20 July 2018
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2316 Points)
Replied 20 July 2018
Tax Audit is not Applicable in the above case.
darshan.s.darji
(student)
(74 Points)
Replied 22 July 2018
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2316 Points)
Replied 23 July 2018
No, there is no such pre-condition in case of LLP.
CAclubindia
