partnership firm following normal provisions that means not adopting 44AD , having T/O ₹90 lacs and profit of ₹3 lacs, whether audit is required under sec 44AB in this case??
Sonam Sahu (8 Points)
09 July 2018partnership firm following normal provisions that means not adopting 44AD , having T/O ₹90 lacs and profit of ₹3 lacs, whether audit is required under sec 44AB in this case??
Kavita Modi
(CA Job)
(232 Points)
Replied 09 July 2018
Deepika Yadav
(561 Points)
Replied 09 July 2018
Sagar
(Own firm)
(50 Points)
Replied 10 July 2018
rama krishnan
(12234 Points)
Replied 10 July 2018
RAJA P M
("Do the Right Thing...!!!")
(127786 Points)
Replied 10 July 2018
RAJA P M
("Do the Right Thing...!!!")
(127786 Points)
Replied 10 July 2018
| Originally posted by : Vinod Babu | ||
 |
Yes, I too agree with all the above views. |  |
Dear.,
Here two opposite replies posted. Are You agree both replies without stands?
Nikhil Kaushik
(Fellow CA)
(85484 Points)
Replied 10 July 2018
please note that 44AB requirement is 1 cr only. it is 44D that goes upto 2 cr
RAJA P M
("Do the Right Thing...!!!")
(127786 Points)
Replied 10 July 2018
It's partnership firm Sir...
He don't want file 44AD.....
Excpet 44AB the firm will be shown 8% profit....
CAclubindia
