44ada for llp of professionals
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 August 2018
Can LLP of professionals ( Advocate) take benefit of 44Ada? And if not can it show profit less than 50% without audit?
Nikhil Kaushik
(Expert)
11 August 2018
dont think LLP is permitted to report profits under 44ADA
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