Supposed one business running under partnership and turnover crossed 1 crore and want to file income tax return under section 44AD what accounts need to be audited.

Our business concern is a partnership firm during the F.Y 2018-19 our sales turnover is 34 Lakhs. Is it compulsory for seeing a minimum 8% net profit otherwise Audit under Sec.44AB. Is it allowable for claiming interest on capital or remuneration without audit under Sec 44AB.

On proprietorship firm is under audit whose GST Number of has been cancelled from September 2018 whether he can claim input credit of purchase made from October 18 to March 19???

In the audit report filed (accepted/approved. by the assessee) TDS made and return filed is inadvertently omitted to be reported, what is the consequence? Should revised audit report to be filed?

is it compulsory 15 days before generate udin for tax audit reports pls clarify

TAX AUDIT U/S 44AB TURNOVER PLEASE EXPLAIN,
1)HAVING SALES RS.50L PLUS CLOSING STOCK RS. 65L, TOTAL RS. 115L
2)HAVING SALES RS.0, PURCHASE RS,3.5CR, SO SHOWING CLOSING STOCK RS.1.5CR

Respected Sir,
Is it required to fill a form SCHEDULE IX-D, If the Trust doesn't have Registration No. u/s 12AA of Income Tax Act (43 of 1961)..??

Trust registered under section 12A paying rent to trustee & salary to wife of trustee whether we need to report the same in form 10B ?? if yes where ??

I applied for membership & COP and same has been approved by the ICAI and currently my COP status is active (Full Time). I applied for firm name approval by filing Form No. 117 on 19/09/2019 and same has been rejected by the ICAI due to firm name not match with my name and I again file Form No. 117 with correction in firm name now my query is can do the Income Tax Audit because of my COP status is active (Full Time) ???

A car was purchased back in 2014 which has been currently sold i.e. during FY 2018-19.
WDV as on 01.04.2018 of the Car as per books of account is INR 2,00,000/-
Sale of Car on 31.03.2019 at INR 1,50,000/-
My doubt: How will i book the loss of INR 50,000/-? Can I debit the loss from the Statement of Profit & Loss and thereafter add it back for income tax purpose during MAT calculation?
Kindly clear my confusion while calculating profits under both Companies Act and Income Tax Act.
Looking forward to an expert solution.
Thank you.